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Washington Examiner
10 Jan 2025
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President Joe Biden delivers remarks on Friday’s December Jobs Report at 5 p.m. ET.
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Unemployment fell from 4.2% to 4.1% in December with 256,000 jobs added. Blowing expectations out of the water, as economists only predicted to see 153,000 jobs added.
Economists predict that the strong Jobs Report will likely keep the Federal Reserve from cutting interest rates further for this month.