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El Paso Residents Brace for December Jobs Report Amid Economic Uncertainty

KVIA•Friday, January 9, 2026 at 10:00 AM•CNN Newsource

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AI Summary

The Bureau of Labor Statistics will release the December jobs report today at 8:30 a.m. ET, with economists predicting a modest addition of 55,000 jobs, while some anticipate figures exceeding 105,000 due to holiday hiring. The unemployment rate is projected to decrease slightly to 4.5%, following a four-year high of 4.6% in November. Overall, 2025 is on track for a disappointing total of 710,000 job gains, marking the worst hiring year outside of a recession since 2003. Health care and leisure sectors have seen job growth, but most industries are experiencing a 'hiring recession'. Despite these challenges, some economists suggest that the worst may be over, as layoff announcements have dropped significantly in December.

Key Details: • Jobs report release scheduled for today at 8:30 a.m. ET. • Unemployment rate expected to drop to 4.5%. • Total job gains for 2025 projected at only 710,000. • Health care and leisure sectors accounted for 84% of job gains from January to November 2025. • Layoff announcements fell to a 17-month low in December.

economy jobs unemployment employment labor-market

People & Organizations

Bureau of Labor StatisticsHeather LongAndy ChallengerDavid Michael TinsleyNavy Federal Credit UnionChallenger, Gray & ChristmasBank of America Institute

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