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.
But, on many other measures, we see a labor market that is gradually cooling. Perhaps the most important numbers in the report were the downward revisions to estimates of job growth in April and May.
In his most recent press conference, Federal Reserve Chair Jerome Powell characterized the labor market as "broadly stable." And in this week's lead-up to the January jobs report, the incoming ...
Employers around the U.S. added 143,000 jobs in January, as the labor market showed signs of cooling at the start of 2025. Hiring was weaker than expected by economists, who had forecast that the ...
He cited disappointing progress on inflation, a strong labor market, and the need to wait for more information on what policies from the new administration will bring before responding with any ...
If the latest job numbers have you wondering about the interplay between the labor market, inflation, and the Fed — you don’t need to dig out your old macroeconomics textbook to find out.
Judging by the 4.1% unemployment rate, the US labor market would appear to be thriving. Most any economist would say this is about as good as it gets, implying the economy is at or near or near ...
Bitcoin’s momentum hinges on a critical labor market report from the United States, which may influence crypto investor sentiment leading into March. The US Bureau of Labor Statistics is set to ...