Job growth was much stronger than expected in December, which may provide the Federal Reserve with less incentive to cut interest rates this year.
Nonfarm payrolls rose by 256,000 during the month, up from 212,000 in November and below the Dow Jones forecast of 155,000. Bureau of Labor Statistics reported Friday.
The unemployment rate fell to 4.1%, a tenth of a point lower than expected.
Stock market futures were negative after the report while Treasury yields rose.
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