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 2024 employment report revealed significant economic indicators creating ripples across financial markets. The ...
The economy added a mild 143,000 new jobs in January as massive California wildfires and a cold snap in much of the country ...
The January jobs report revealed a drop in the unemployment rate to 4%, accompanied by payroll gains of 143,000. A Fed ...
Annual data revisions could show slower job growth in 2024 than we previously thought.
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