A stronger-than-expected December jobs report might push back the first Federal Reserve interest rate cut, experts say, as rising wages continue to be a source of inflationary pressure. U.S. nonfarm payrolls expanded by 216,000 in December, easily topping economists' estimate for the creation of 175,000 jobs, the Bureau of Labor Statistics said Friday. Government, healthcare and social assistance were the areas adding the most new employees. The unemployment rate, which is derived from a separate survey, was unchanged at 3.7%. Economists forecast the unemployment rate to tick up to 3.8%. The labor force participation ... (full story)