U.S. job growth slowed more than anticipated in December, with nonfarm payrolls increasing by 50,000, below economists' forecasts. The unemployment rate, however, eased to 4.4%. Factors cited for the slowdown include business caution due to import tariffs, rising AI investments, and President Trump's trade and immigration policies. Despite sluggish hiring, strong wage growth and productivity suggest the Federal Reserve is likely to keep interest rates unchanged.