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US Unemployment Rate (Dec) 4.4% vs. Exp. 4.5% (Prev. 4.6%, Rev. 4.5%)

Newsquawk Staff ·

  • Unrounded: 4.375% (prev. revised 4.536%)

What it means

The US unemployment rate for December printed at 4.4%, beating expectations of 4.5% and showing a downward revision from a prior 4.6% to 4.5%. This improvement could signal better labor market conditions, potentially influencing the Fed's assessment of growth and inflation dynamics going forward.

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