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The Guardian - US
The Guardian - US
Business
Lauren Aratani

US job market soars past expectations in last report before Trump retakes White House

United States Donald Trump Economy Joe Biden Inflation the Federal Reserve US Federal Reserve
person wearing denim jacket stands between signs advertising careers
A person attends a job fair in Hendersonville, North Carolina, on 19 November 2024. Photograph: Allison Joyce/Bloomberg via Getty Images

The US labor market expanded strongly in the last jobs report of the Biden administration, according to new data released on Friday.

The number of new jobs added to the economy accelerated to 256,000 in December, up from 227,000 in November, soaring past expectations. The labor market last month was bolstered by new jobs in healthcare, retail and government.

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