The US economy closed out 2024 with another month of massive job growth, adding 256,000 positions in December.

U.S. job growth likely slowed to a still-healthy clip in December while the unemployment rate held steady at 4.2%, reinforcing the Federal Reserve's cautious approach toward interest rate cuts this year.

U.S. businesses added 256,000 new positions last month, far exceeding expectations as overall the economy continues to rev up.

U.S. hiring picked up unexpectedly in December as employers added 256,000 jobs, another sign of the economy’s resilience in the face of high interest rates

U.S. job growth unexpectedly accelerated in December while the unemployment rate fell to 4.1% as the labor market ended the year on a solid footing, reinforcing views that the Federal Reserve would keep interest rates unchanged this month.