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The Guardian
13 days

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

1. US economy added 256,000 jobs in December, exceeding expectations. 2. Job openings reached over 8 million, indicating labor market strength. 3. Unemployment rate remains low despite fluctuations in interest rates. 4. Fed officials express concern over inflation risks from new policies. 5. S&P 500 up 23.3% in 2024, indicating a positive market outlook.

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FAQ

Why Bullish?

Strong job growth signals economic health, supporting positive market sentiment. Historically, positive job reports often lead to market rallies.

How important is it?

Labor market data significantly impacts investor confidence and market direction. Strong jobs report suggests economic resilience, which can drive S&P 500 performance.

Why Short Term?

Immediate reactions to job reports influence market quickly, but long-term effects depend on policy changes. Past examples show markets react swiftly to economic data.

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