January jobs report: Economy at full employment. Wage pressure picks up.
Economists had been expecting an overall healthy reading, with 169,000 net new jobs created in the month and the unemployment rate holding steady at 4.1%. The January report, which effectively closes the book on the Biden-era job market,
New data from the Bureau of Labor Statistics shows the U.S. added 143,000 jobs last month, fewer than economists predicted.
The U.S. economy added a smaller-than-expected tally of new jobs last month, but a sharp jump in wage growth and revisions ...
But first a bit of background: The numbers in Friday’s jobs report most likely will change in the months (and years) to come. That’s just the nature of data collection, statistics and research: ...
Friday’s report provided evidence of slowing expansion. The 143,000 jobs added would be the weakest January total since 2016.
11hon MSN
January hiring was narrow. Healthcare (44,000 new jobs), retail (34,000) and government (32,000) together accounted for 77% ...
The dollar rose in choppy trading on Friday after data showed that U.S. job growth slowed in January but that the ...
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