---
title: "BREAKING: US NFP at 353k way above the estimated 185k, Wages came in hotter than expected +4.5% YoY vs +4.1% expected."
description: "The December jobs report has been revised UP, showing 333,000 jobs added rather than the 216,000 originally reported. This breaks a 10-month trend of downward revisions in the reported jobs number. Meanwhile, average hourly earnings in January rose 0.6%, DOUBLING expectations.\nUnemployment rate held flat MoM at 3.7% (the Street was anticipating 3.8%). \nNote that according to the Household survey, the number of employed people dipped by 31k MoM, so US Non-farm-payroll report is not as hot as at 1st sight.\nSource: Bloomberg, HolgerZ"
---

[Syz The Moment](https://blog.syzgroup.com/syz-the-moment)

# [BREAKING: US NFP at 353k way above the estimated 185k, Wages came in hotter than expected +4.5% YoY vs +4.1% expected.](https://blog.syzgroup.com/syz-the-moment/breaking-us-nfp-at-353k-way-above-the-estimated-185k-wages-came-in-hotter-than-expected-4.5-yoy-vs-4.1-expected)

 Written by [Charles-Henry Monchau, CFA, CMT, CAIA](https://blog.syzgroup.com/syz-the-moment/author/charles-henry-monchau) | Feb 2, 2024, 4:09:42 PM

[View full post](https://blog.syzgroup.com/syz-the-moment/breaking-us-nfp-at-353k-way-above-the-estimated-185k-wages-came-in-hotter-than-expected-4.5-yoy-vs-4.1-expected)

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