The social-media post showed job-creation totals that indirectly revealed information from December's Bureau of Labor Statistics report. ...

Group 1 - Private sector added 41,000 jobs in December, below economists' estimates of 47,000 jobs [1] - Previous month's payrolls revised to a loss of 29,000 from an initial loss of 32,000 [1] - Small establishments showed positive hiring at year-end, while large employers reduced hiring [1] Group 2 - Education and health services led job creation with 39,000 positions added in December [2] - Leisure and hospitality added 24,000 positions, while trade, transportation, and utilities added 11,000 [2] - Professional and business services lost 29,000 jobs, with information and manufacturing losing 12,000 and 5,000 positions respectively [2] Group 3 - Large businesses (500 or more employees) added 2,000 jobs, while businesses with 50 to 499 employees added 34,000 [3] - Establishments with fewer than 50 employees added 9,000 jobs [3] - Wage growth remained stable, with pay for those staying in their roles increasing by 4.4% year-over-year [3]

Group 1 - Private sector job creation turned positive in December with companies adding 41,000 hires, a reversal from the loss of 29,000 in November [2][4] - Payroll growth was entirely in services industries, with education and health-related fields adding 39,000 jobs and leisure and hospitality contributing 24,000 [3] - Nearly all job gains came from companies employing fewer than 500 workers, while larger firms added only 2,000 jobs [4] Group 2 - Wage gains remained tempered, with those staying in their jobs seeing an average annual increase of 4.4%, while job changers saw gains of 6.6% [5] - Economists expect 73,000 new jobs for the month of December, with the unemployment rate projected to edge down to 4.5% [6]

Economic Growth and Unemployment - The decoupling of jobs and growth could impact markets [1] - US growth was 28% in 2023 and 29% in 2024 [2][3] - The unemployment rate rose from 35% to 38% in 2023 and from 38% to 41% in 2024 [3] - A 35% to 4% growth rate with unemployment at 5% by the end of 2026 is a possibility [9] Productivity and Technology - America is becoming more productive [2] - COVID-19 forced increased productivity with fewer people [4][5] - Remote work and getting the right people into the right jobs contributed to productivity [5] - AI's impact on job creation is uncertain, but new jobs may be required for content moderation [10][11] Future Outlook - The exciting part of this is that we are supercharging this productivity story [8] - Deregulation and tax changes from the new administration could enhance productivity [8] - The focus should be on looking ahead rather than dwelling on the past [7]

In a country once known for its factory workforce, some 200 million people are turning to food delivery and other informal roles as job creation slows https://t.co/n1V0FLFI06 ...

Core Viewpoint - Federal Reserve Governor Christopher Waller had a strong interview for the Fed chair position with President Trump, focusing on the labor market and job creation [1][4]. Group 1: Interview Details - The interview took place at the president's residence and included Treasury Secretary Scott Bessent, chief of staff Susie Wiles, and deputy chief of staff Dan Scavino [2]. - Blackrock's Rick Rieder is scheduled for an interview for the Fed chair position in the last week of the year, while Fed Governor Michelle Bowman is no longer a candidate [2]. Group 2: Candidate Evaluation - National Economic Council Director Kevin Hassett and former Fed Governor Kevin Warsh have also been interviewed by Trump for the Fed chair position [3]. - The conversation with Waller aimed to dispel concerns that Trump was seeking a candidate who would simply follow his directives on interest rates, indicating a broader interest in economic issues [4]. Group 3: Presidential Remarks - Trump expressed that the Fed Chair should consult with him on interest rates, emphasizing that while he should be listened to, he does not expect the chair to follow his directives exactly [5]. - Trump praised Waller during a press interaction, highlighting his long-standing involvement with him and his previous nomination to the Fed [5]. Group 4: Ongoing Process - Despite the positive feedback regarding Waller, there is no indication that he is the leading candidate, and the interview process is ongoing, suggesting that a decision has not yet been made [6]. - Trump indicated that he would soon announce the next chairman of the Federal Reserve, who he believes should advocate for significantly lower interest rates [6].

Joining us this morning with some reaction. First from the White House is the National Economic Council Director Kevin Asset. Kevin, good morning.Good to have you. >> Great to be here. >> Uh, lot of information uh that the streets trying to absorb.How do you characterize both October and November. >> Yeah, I think it's best to sort of combine the two. And if you do that, then you're looking at private sector gains of about 120,000, maybe 121.And then uh we dropped about 160,000 government workers, federal g ...

Core Insights - Stagwell conducted a survey of 100 American CEOs to assess their sentiments regarding business priorities, economic outlook, and views on AI advancements as they approach 2026 [1][2][4] Group 1: CEO Sentiment on AI - 85% of CEOs view AI as entering a healthy growth phase rather than a bubble, with generative AI identified as the most transformative technology for 2026 [7] - 78% of CEOs are optimistic about AI's potential to enhance workplace efficiency and innovation [7] Group 2: Economic Outlook - 62% of CEOs believe the U.S. is on the wrong track, yet 74% express confidence in the resilience of the U.S. economy as they head into 2026 [7] Group 3: Policy Priorities - Financial stability is the primary policy focus for 2026, with managing inflation (61%), reducing debt (47%), and job creation (33%) identified as top priorities [7] - Regulatory and policy shifts (66%) and trade restrictions (60%) are anticipated to significantly impact business operations [7] - Nearly half (46%) of CEOs express pessimism regarding the stability and predictability of political leaders [7]

Project Overview - Steve Cohen is building a large gambling complex in Queens, including a soccer stadium [1][2] - The project is slated to open in 2030 [2] Economic Impact - The project is expected to create 17,000 construction jobs and 6,000 permanent jobs [2] - It is projected to generate $3.9 billion in tax revenue, with $850 million in annual taxes [2] Community and Political Aspects - The project initially faced opposition from a local councilmember [4] - Community support and the borough president ultimately favored the casino [4] - Steve Cohen is credited with cleaning up the area around Citi Field [4] - A ferry service to Citi Field is under consideration to improve accessibility [5] Regulatory Approval - The project needs a gaming commission license approved by December 31 [6] - The board recommends the project as one of three sites [6] - Limited public protest suggests less pushback than anticipated [7]

Formal job creation collapsed in October, a sign that Brazil’s tight monetary policy is finally reaching some of the labor market’s most resilient pockets https://t.co/duGMWpa2WF ...