CNN —In 2024, job growth continued to cool off, settling back into a familiar gait that was roughly in line with the pace of job creation in 2010-2019.
How that likely shaped up through December should become a lot clearer on Friday when the Bureau of Labor Statistics releases the final jobs report for 2024 at 8:30 a.m.
“2024 captured a very stable labor market, a labor market where supply and demand were in balance for the first time, post-pandemic,” Nela Richardson, chief economist at payroll company ADP, said Wednesday.
While steady, sturdy and solid were ongoing themes in the jobs market through this past year, 2025 has the potential to be anything but.
What the data shows ahead of Friday’s reportThe economic data teeing up Friday’s jobs report showed cooler, but still stable, labor market activity.
Persons:
Nela Richardson, it’s, ”, Cory Stahle, Donald Trump’s, Elise Gould, Matt York, Gould, ” Stahle, Trump, Julia Pollak, Pollak, Nam, “, ” Pollak, ADP’s Nela Richardson, ” Andrew Challenger, —
Organizations:
CNN, Bureau of Labor Statistics, Industries, Economic, Institute, of Labor Statistics, ZipRecruiter, Labor, Survey, Federal Reserve, Challenger, “ Companies, Labor Department
Locations:
headwinds, Phoenix, Mount Prospect , Illinois, Texas, Florida, Nevada