Citi: Non-farm payrolls will indicate that the U.S. labor market continues to soften

ChainCatcher news, Citigroup economist Andrew Hollenhorst expects that the non-farm payrolls in December will only add 120,000 jobs, with an unemployment rate of 4.4%. This will remind the market that the labor market has not yet stabilized and continues to weaken. However, she believes that once some of the current instability factors fade, companies will continue to increase their workforce, even at a gradual pace. The overall situation will remain stable, without drastic changes. (Jin Shi)