The Labor Market Is Suffering, but Today's Jobs Data Looks Just Peachy
Instead, the most recent labor data shows unemployment low and steady, clocking in at 4%. Plus, job growth is still apparently moving at a healthy pace. Maybe official labor data isn't a reliable narrator of what's really happening, nor what's to come.
First Jobs Report Of 2025: Labor Market Still Solid
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 other hand, payroll growth for the end of 2024 was revised up quite a bit. Over the past 3 months, payroll growth has averaged a very strong 234,000.
Employers added 143,000 jobs in January amid a slowdown in the labor market
The U.S. economy added fewer jobs in January than economists had forecast, although the jobless rate edged lower.
US economy added 143,000 jobs in January
The Labor Department released its jobs report for January which showed that the U.S. economy added 143,000 jobs last month, which was below with economists' expectations.
US job growth slows in January; unemployment rate at 4.0%
US job growth slowed more than expected in January, but a 4.0% unemployment rate probably will give the Federal Reserve cover to hold off cutting interest rates until June.
U.S. added 143,000 jobs in January, unemployment rate dips to 4%
The U.S. added 143,000 jobs in January, fewer than economists expected, but the unemployment rate inched down to 4% from 4.1%, beating forecasts and still near historic lows.
US jobs growth slows in January
US jobs growth slowed in January, according to the latest official figures, but the rate of unemployment declined. Employers created 143,000 jobs last month, compared with analyst's forecasts of about 170,
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