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Here's where the jobs are for December 2024 – in one chart

1. December's job report shows strong growth across various sectors. 2. Health care and social assistance added 69,500 jobs, the most significant gain. 3. Retail trade rebounded, adding 43,400 jobs, signaling improved consumer sentiment. 4. Manufacturing declined by 13,000 jobs, contrasting retail recovery trends. 5. Overall, job growth indicates a potential economic recovery gaining traction.

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FAQ

Why Bullish?

Strong job growth suggests economic resilience which could positively influence S&P 500 performance.

How important is it?

Job growth directly affects consumer spending and economic growth, impacting stock market performance.

Why Short Term?

Job growth data often leads to immediate market reactions, reflecting investor confidence.

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