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,
17hon MSN
Friday’s report provided evidence of slowing expansion. The 143,000 jobs added would be the weakest January total since 2016.
1hon MSN
January hiring was narrow. Healthcare (44,000 new jobs), retail (34,000) and government (32,000) together accounted for 77% ...
Annual data revisions could show slower job growth in 2024 than we previously thought.
The January jobs report revealed a drop in the unemployment rate to 4%, accompanied by payroll gains of 143,000. A Fed ...
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