But first a bit of background: The numbers in Friday’s jobs report most likely will change in the months (and years) to come.

The U.S. labor market likely began 2025 in solid fashion, in a bit of a step down from where it closed the previous year.

“Near-real-time data like the jobs report later get revised to match other data sources that are more accurate but take longer to collect and publish.” The revisions being released on Friday ...

U.S. employers likely slowed hiring down in January, but still added jobs at a healthy rate overall, if forecasters are correct.

If the pundits proved right, the US labor market was supposed to have broken down by now. It wasn’t supposed to survive the Federal Reserve’s historic and aggressive rate-hiking campaign to ...