December Jobs Miss Caps Weakest Hiring Year Since 2020
The economy added just 50,000 jobs in December as 2025 hiring totals the lowest since the pandemic. Unemployment dips to 4.4%, but the labor market's slowdown is undeniable.
The Philadelphia Semiconductor Index closes at an all-time high as Intel surges 10%, Lam Research jumps 8.7%, and AI infrastructure spending shows no signs of slowing.
The economy added just 50,000 jobs in December as 2025 hiring totals the lowest since the pandemic. Unemployment dips to 4.4%, but the labor market's slowdown is undeniable.
Johnson & Johnson becomes the latest pharma giant to exchange drug price cuts for tariff exemptions, joining 14 other companies on the TrumpRx platform.
Major indexes post records as jobs report seals rate bets, with semiconductor stocks leading gains and all three averages finishing higher for 2026's first full trading week.