December jobs report shows unemployment fell to 4.1%, 256,000 jobs added to finish 2024 on high note

256,000 new jobs were created in December , far more than the 165,000 expected by economists.

The unemployment rate fell to 4.1% from 4.2% in November .

December marked the most monthly job gains seen since March 2023 .

Stocks sank following the report, with futures tied to all three major averages down nearly 1% ..