According to ChainCatcher, Citigroup economist Andrew Hollenhorst forecasts 120,000 new non-farm jobs in December, with an unemployment rate of 4.4%.
She pointed out that this reminds the market that the labor market has not yet stabilized and is still weakening. However, she believes that as unstable factors dissipate, companies will continue to increase their workforce, albeit at a slower pace. The overall situation will remain stable and will not undergo drastic changes.
