Job growth slipped to 199,000 in December, short of forecasts
Economists had expected about 400,000 hires. The jobless rate fell to 3.9%, the lowest since the start of the pandemic.
Watch CBS News
Aimee Picchi is associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has been published by national news outlets including USA Today and Consumer Reports. Aimee frequently writes about retirement, and has been a National Press Foundation fellow for reporting on retirement and Columbia University's Age Boom Academy. She's also the editor of the Institutional Investor book "Cultivating the Affluent II," with noted wealth consultant Russ Alan Prince.
Economists had expected about 400,000 hires. The jobless rate fell to 3.9%, the lowest since the start of the pandemic.
Employers are hesitant to cut workers amid a tight labor market that offers workers more career choices.
The "Great Resignation" shows no signs of abating, with 4.5 million people quitting their jobs in November.
Tech giant's 50% stock's surge in the past year has made it the first American company to reach the investor milestone.
Seniors will get a hefty 5.9% bump in their checks But some experts doubt it will be enough to offset inflation.
The tax code saw some major changes in 2021. Some tax breaks may not return in 2022, so make sure you don't lose out.
The move comes amid a debate over the tests' fairness, as well as the stresses of the ongoing pandemic.
Amid new mask and vaccine mandates, workers at restaurants and other public spots are dealing with belligerent customers.
Users on Reddit's WallStreetBets forum, which fueled the "meme stock" phenomenon, are talking about bidding up the stock.
As stimulus programs wind down, experts warn that slashing the Child Tax Credit could put many families "on the brink."
Low-wage workers are enjoying some of the biggest pay gains in years. For many, it's still not a living wage.
Almost 13 million people say they know a friend or family member who has died because they couldn't afford care.
The December 15 payment could be the last and final monthly check unless lawmakers renew the benefit for 60 million kids.
"There is no manager you have to suck up to," Expensify CEO David Barrett says. Even his comp is set democratically.
An unexpected cameo role in "And Just Like That ..." raised health and safety concerns about the device, analysts say.