Unemployment holds under 4%, job gains higher than expected in final 2023 labor report


Unemployment holds under 4%, job gains higher than expected in final 2023 labor report – CBS News


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The labor market beat Dow Jones expectations in December with 216,000 jobs added, according to the latest labor report. The unemployment rate remained unchanged at 3.7%. Jeanna Smialek, a Federal Reserve and economy reporter for The New York Times, joined CBS News to break down the numbers.

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