US hiring held firm in December capping weakest year of growth since pandemic

by | Aug 9, 2026 | Jobs

US hiring held firm in December capping weakest year of growth since pandemic

The US labor market showed modest growth in December, with employers adding 50,000 positions to the workforce, according to data released by the Bureau of Labor Statistics. This figure fell slightly short of economist expectations of approximately 73,000 new jobs. The month represented the conclusion of what officials characterized as the weakest year of employment growth since the pandemic period, with revised figures indicating the economy had added fewer jobs than previously reported in October and November.

The unemployment rate declined to 4.4% in December after climbing to a four-year high of 4.6% the previous month. Full-year data showed that employers added 584,000 jobs throughout 2025, substantially lower than the 2 million positions added during 2024. Economic observers have described the current labor market as being in a “no hire, no fire” phase, characterized by continued but subdued job creation. Layoff activity in December was reported at nearly half the level recorded in November.

A controversy emerged when President Trump posted a chart on his social media platform Thursday evening that appeared to reference data from the jobs report scheduled for Friday release, prompting questions about adherence to standard embargo protocols for economic data. The White House subsequently acknowledged an “inadvertent public disclosure” of aggregate data derived from pre-released information and stated it would review procedures governing such releases. Political opponents cited the weak employment figures as evidence that economic conditions had not improved as promised.

Federal Reserve policymakers are expected to review the employment data at their scheduled meeting at the end of January to determine whether to adjust interest rates, currently positioned at a range of 3.5% to 3.75%. Fed officials have signaled a likely pause in rate cuts, with recent meeting minutes indicating significant internal division on policy direction. Treasury Secretary Scott Bessent called for continued rate reductions to support economic growth, while Fed Chair Jerome Powell has emphasized proceeding cautiously as officials monitor labor market stabilization and price trends.

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