Editorial Board

The Opportunity in the Jobs Report

With wage pressures subdued, the Fed might be able to get more people back to work.

Don't be discouraged.

Photographer: Laura McDermott/Bloomberg

The U.S. job market’s impressive showing in December should give the Federal Reserve confidence that it was right to start raising interest rates last year. That said, there may be more the central bank can do to get millions of Americans back to work.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.