The December jobs report missed expectations with only 74,000 workers added to non-farm payrolls in December.
This missed expectations for 197,000 workers added to non-farm payrolls.
The unemployment rate however fell to 6.7%, from 7%.
Immediately after the report we saw futures tumble and stocks are now in the red.
The S&P 500 is now down 0.2%.
The Dow Jones is down 41 points to 0.25%.
And the Nasdaq is down 0.2%.
Meanwhile precious metals are rallying. Gold is up 1.2% to $US1,244 an ounce and silver is up 2% to $US20.09 an ounce.
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