The U.S. economy added 50,000 nonfarm jobs in December, falling short of expectations. Despite the lower-than-anticipated job growth, the unemployment rate improved to 4.4%, surpassing the forecasted 4.5%. This mixed economic data reflects ongoing challenges in the labor market as it continues to recover.
U.S. Nonfarm Payrolls Increase by 50,000 in December, Unemployment Rate at 4.4%
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