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,
But first a bit of background: The numbers in Friday’s jobs report most likely will change in the months (and years) to come.
Friday’s report provided evidence of slowing expansion. The 143,000 jobs added would be the weakest January total since 2016.
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The Labor Department has released its first jobs report of the year, covering January 2025. It shows that payrolls grew by 143,000 — somewhat lower than economists’ expectations of 175,000. On the ...
The number of jobs added to the economy late last year was revised upward by 100,000, but it might not be as good news as you ...
The January jobs report comes as investors are closely watching for any clues about whether or not the Federal Reserve will ...
A surge of immigrants boosted the labor market and helped cool inflation during Joe Biden's administration. Under Donald ...
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