January jobs report: Healthy labor market expected, but revisions bear watching
Economists are 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 includes annual benchmark revisions and updates to models that could affect the data.
Friday’s report provided evidence of slowing expansion. The 143,000 jobs added would be the weakest January total since 2016.
After a solid January jobs report, more traders are betting that the Fed’s rate-cut pause might not be so brief.
The pace of hiring slowed slightly in January, signaling more subdued employment growth even as joblessness remained low.
The January jobs report revealed a drop in the unemployment rate to 4%, accompanied by payroll gains of 143,000. A Fed ...
Retail trade and government were also strong, adding more than 30,000 jobs apiece. The gains in health care were broadly in ...
While the Labor Department released a report on Friday showing employment in the U.S. increased by less than expected in the month of ...
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