Stock Market

Stock Market

Markets end the week lower after red-hot jobs report

2:18 p.m. ET, January 5, 2024 2023 was the best year for the labor market since the 1950s Construction workers build a residential high rise on October 2, 2023 in Miami, Florida.  Joe Raedle/Getty Images Slowly but surely, Americans have grown more optimistic about the economy. Friday’s jobs report should only help matters, Treasury Secretary Janet Yellen told CNN in a TV interview Friday. The United States added 216,000 jobs in December, well surpassing economists’ expectations for a net gain of 160,000 jobs and capping off another banner year of employment growth. US employers added 2.7 million jobs last year. While...
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