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Hiring growth seen tapering off in December amid tight labor market and slower economy

January 9, 2020

The U.S. economy probably added enough new jobs last month to push employment gains in 2019 above 2 million for the ninth straight year, but the pace of hiring is slowing.

Here’s what to watch in the U.S. Labor Department’s December U.S. jobs report due on Friday.

Final countdown

The number of new jobs created in December may have tapered off to about 160,000 from a surprisingly large 266,000 gain in the prior month, according to economists polled by MarketWatch.

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