#USNonFarmPayrollReport
US Jobs Market: Steady But Subdued
The latest US Non-Farm Payroll (NFP) report for December, released today, January 9, 2026, reveals a labor market in a "no hire, no fire" phase.
The economy added 50,000 jobs, coming in slightly below the forecasted 66,000. Despite the modest headline figure, the unemployment rate unexpectedly dipped to 4.4%, down from 4.6% in November.
Wage growth remained stable, with average hourly earnings rising 0.3%. While sector gains were led by leisure and hospitality, manufacturing continued to face headwinds.
This data suggests the Federal Reserve may pause rate hikes to assess economic stability as 2026 begins.
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