US Employment Report for December

Drop in Working Hours Underscores Slowing Job-Growth Momentum

Jobless Rate Matches 1960s Low With More People Joining Workforce

Weakest Payrolls Gain Since December 2020 Signals Job Market Is Slowing

Average Hourly Earnings Rise 4.6% Y/Y; Est. +5.0%

Treasury Yields Pare Earlier Increases

Stock Futures Tick Higher

Unemployment Rate Dips to 3.5%, Est. 3.7%

December Payrolls Increase 223,000; Est. 203,000

Key Events

ImageLede

Web Editor

Senior Editor

Bloomberg subscribers can save articles and view them from any device.

Upgrade to an unlimited subscription to save articles and view them from anywhere.

Bloomberg subscribers can send up to {count} articles a month to anyone to read for free, including non-subscribers.

Upgrade your subscription to send up to {count} articles a month to anyone to read for free, including non-subscribers.

Copy article link

Hello,<p>A Bloomberg.com subscriber thought you might want to read this story. To read it, all you need to do is click on the link – no subscription necessary. (Please note the link will only be valid for {days} days.)

Email article link

Please try again. If the problem persists, please contact customer support.

Something went wrong

We've doubled your gift articles this month. Share up to {count} articles with friends, family or colleagues.

As a subscriber, you can gift up to {count} articles this month. The recipient can read the full article for free – no subscription necessary.

As a subscriber, you can gift up to {count} articles each month. The recipient can read the full article for free – no subscription necessary.