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Job Gains Cooled with Unemployment Rate Down. Fed Rate-Cut: Pause or Proceed?

Employers hired at a middling pace in December, closing out a year that saw the U.S. labor market cool into a "low hire, low fire" stasis.
American employers added a seasonally adjusted 50,000 jobs in December and the unemployment rate fell to 4.4%, the Labor Department reported Friday.
That was below the 73,000 new jobs that economists surveyed by The Wall Street Journal had expected to see, and was weaker than the revised 56,000 jobs added in November.
Employers hired at a middling pace in December, closing out a year that saw the U.S. labor market cool into a "low hire, low fire" stasis.
American employers added a seasonally adjusted 50,000 jobs in December and the unemployment rate fell to 4.4%, the Labor Department reported Friday.
That was below the 73,000 new jobs that economists surveyed by The Wall Street Journal had expected to see, and was weaker than the revised 56,000 jobs added in November.
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