US jobs rise, unemployment drops
7h
The US labor market added 130,000 jobs in January, surpassing expectations and pushing the unemployment rate down to 4.3%, while wages rose.
by Trevon D. Logan Reposted by Claudia Sahm, Aaron Sojourner, Judith Scott-Clayton
At 8:30 am ET, @usbls.bsky.social delivers one of the most-important signals abt how economy is changing
Forecasts’ center:
+55K jobs
Unemployment rate (UR) steady at 4.4%
Report will reflect normal, annual revision processes but fodder for disinfo:
bsky.app/profile/aaro...
Reposted by Iikka Korhonen
Reposted by Iikka Korhonen
Hires rate like 2011 is particularly worrisome, falling since Fed's hikes (figure).
Jobs have been stable for employed but tough for small share unemployed & wage growth has decelerated.
Today will revise 2024-'25 job growth ⬇️.
Hires rate like 2011 is particularly worrisome, falling since Fed's hikes (figure).
Jobs have been stable for employed but tough for small share unemployed & wage growth has decelerated.
Today will revise 2024-'25 job growth ⬇️.
low unemployment rate,
high rate of worker job security with low rate of bosses firing staff (figure),
few working part time due to lack of full time offer,
wages growing,
high participation and employment rates for 25-54 year olds…
low unemployment rate,
high rate of worker job security with low rate of bosses firing staff (figure),
few working part time due to lack of full time offer,
wages growing,
high participation and employment rates for 25-54 year olds…