Jobs report shows signs of a cooling economy — as well as its resiliency
The final jobs report of 2022 showed U.S. employment growth slowing under the weight of higher interest rates and stubborn inflation, but not enough to derail a historically strong labor market. The U.S. added 223,000 jobs in December and brought the unemployment rate down to 3.5 percent, its level in February 2020, from 3.7 percent...