U.S. labor market conditions in December 2025 displayed mixed dynamics across key indicators, including Nonfarm Payrolls (NFP), the unemployment rate, wage growth, and job openings. Overall, the latest labor market data point to a moderation in labor market conditions. This development is consistent with the Federal Reserve’s decision to cut policy rates in December 2025, aimed at supporting and strengthening the resilience of the U.S. labor market.