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News  ›  Benzinga

Private Hiring Rebounds In December, But Labor Market Still Limping

Benzinga Logo Benzinga By Piero Cingari
Private Hiring Rebounds In December, But Labor Market Still Limping

U.S. private-sector hiring rebounded in December with 41,000 jobs added, reversing November's losses, but fell short of economist expectations of 47,000. Service industries led gains while large employers pulled back. Wage pressures persisted with job-changers seeing 6.6% pay growth. Stock futures edged higher on mixed labor data.

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MCO   positive

Stock climbed 3% in premarket trading following strong gains earlier in the week, with analysts citing robust debt issuance expectations for 2026, indicating positive market outlook for the company.