The December Data Paradox When Missing the Mark is Actually a Win
In this episode, we explore Private payrolls bounced back in December, with 41,000 jobs added—but hiring still missed expectations. The rebound came entirely from service industries and small businesses, while manufacturing and large employers continued to pull back. Wage growth stayed steady, signaling cooling labor costs as the economy heads into 2026. All eyes now turn to the government jobs report for clues on what’s next.
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