Citigroup predicts that non-farm payrolls will increase by 120,000 in December and the unemployment rate will be 4.4%.

According to ChainCatcher, Citigroup economist Andrew Hollenhorst expects non-farm payrolls to increase by 120,000 in December and the unemployment rate to be 4.4%.

She noted that this is a reminder that the labor market has not stabilized and is still weakening. But she believes that as the instability subsides, companies will continue to add employees, even at a slower pace. The overall situation will remain stable and there will be no drastic changes.