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U.S. Job Growth Slows Amid Gender Pay Gap Concerns

1/13/2025

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Summary

Story summary

U.S. private sector added 122,000 jobs in December, with annual pay increasing by 4.6%.
Hiring slowed across various industries, notably in manufacturing, which experienced three months of decline.
The gender pay gap remains significant, with women earning 11.3% less than men in 2024.
Contributing factors include part-time pay differences and discrimination, although some companies have achieved pay parity.

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Story summary

U.S. private sector added 122,000 jobs in December, with annual pay increasing by 4.6%.
Hiring slowed across various industries, notably in manufacturing, which experienced three months of decline.
The gender pay gap remains significant, with women earning 11.3% less than men in 2024.
Contributing factors include part-time pay differences and discrimination, although some companies have achieved pay parity.