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US job growth slows in December
Financial Express Bengaluru
|January 10, 2026
US JOB GROWTH slowed more than expected in December amid business caution about hiring because of import tariffs and rising artificial intelligence investment, but the unemployment rate dipped to 4.4%, supporting expectations the Federal Reserve would leave interest rates unchanged this month.
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Nonfarm payrolls increased by 50,000 jobs last month after rising by a downwardly revised 56,000 in November, the labour department's Bureau of Labour Statistics (BLS) said on Friday. Economists polled by Reuters had forecast 60,000 jobs added after a previously reported 64,000 increase in No
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