The labor market added 2.7 million jobs in 2023, with an avg monthly gain of 225,000 jobs. Smaller annual gain than 2022 or 2021, but more than each of the four years leading up to the pandemic. The unemployment rate has now remained below 4 percent for 25 months, a stretch last accomplished in the 1960s. Average hourly wage growth accelerated in December continuing to outpace inflation, boosting workers’ spending power, especially among the lowest earners. The labor market is at its best place it has been, not only since [before covid], by some measures the best in decades. Thanks Joe