US adds fewer jobs than forecast, unemployment rate falls

Omicron still poses a risk to the pace of employment growth in early 2022

09 January 2022 - 00:00

By Reade Pickert

US employers added fewer jobs in December than forecast, while the jobless rate fell below 4% and wages jumped, adding to evidence of a tight labor market that’s expected to help spur Federal Reserve interest rate liftoff as soon as March.

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