U.S. Labor Market Update – December 2024

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The U.S. labor market remains resilient despite rebalancing, with December adding 256,000 jobs. 2025 outlook shows continued healthcare sector growth but potential challenges from declining labor supply and rising unemployment.

 

Key Takeaways
Strong job growth in December marked the highest gain in nine months. Healthcare continues to be a shining star for job opportunities. The quits rate fell to 1.9%, indicating that employees lean toward stability and keeping their current jobs, or that they are having trouble securing new employment. Job seeker confidence improved notably in Q4 but employee confidence fell in December.

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