In seasonally adjusted terms, in December 2024:
- unemployment rate increased to 4.0%.
- participation rate increased to 67.1%.
- employment increased to 14,584,400.
- employment to population ratio increased to 64.5%.
- underemployment rate decreased to 6.0%.
- monthly hours worked increased to 1,976 million.
- full-time employment decreased by 23,700 to 10,037,600 people.
- part-time employment increased by 80,000 to 4,546,800 people.
A mixed report with some give-back. Nothing here to prevent a February rate cut.
Or hold!
