Jobs report updates: What to expect in December's data after a low-hire, low-fire year

Steven Senne/AP

It's jobs day in America.

At 8:30 a.m. Eastern Time, the Bureau of Labor Statistics will release its monthly report on the employment situation for December 2025, giving us the latest look at unemployment, job growth, and wages.

The report will wrap up a year of a job market marked by a "Great Freeze" in which companies haven't been hiring very much, employees haven't been switching jobs a ton, but large-scale layoffs that would mark a deeper downturn haven't materialized yet either.