Citi: Nonfarm payrolls will show the U.S. labor market continues to weaken
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2025-01-10 14:01 3,312
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Golden Finance reported that Citigroup economist Andrew Hollenhorst predicted that only 120,000 new non-farm jobs would be created in December, with the unemployment rate at 4.4%. This will remind the market that the labor market has not yet stabilized and continues to weaken. However, she believes companies will continue to add headcount, even at a gradual pace, once some of the current instability subsides. The overall situation will remain stable and there will be no drastic changes. (Golden Ten)