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,
Friday’s report provided evidence of slowing expansion. The 143,000 jobs added would be the weakest January total since 2016.
The January jobs report comes as investors are closely watching for any clues about whether or not the Federal Reserve will ...
Monthly payroll growth continues to suggest the labor market is healthy and is adding jobs at a sustainable pace. Check out ...
The gain in jobs was below what was expected, but the job counts for November and December were revised upward by a combined ...
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