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.
The latest job market report was a bit of a "mixed bag" for the housing sector, with wages now rising faster than inflation ...
Economists were projecting the unemployment rate would stay at 4.1% and 170,000 jobs would be added, according to FactSet estimates. Friday’s report — which also featured some significant data ...
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 U.S. economy added a smaller-than-expected tally of new jobs last month, but a sharp jump in wage growth and revisions ...
The rest of this week brings more blue-chip earnings, plus one of the most closely watched economic data releases, the ...
The January 2024 employment report revealed significant economic indicators creating ripples across financial markets. The ...
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