First Jobs Report Of 2025: Labor Market Still Solid
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. On the other hand, payroll growth for the end of 2024 was revised up quite a bit. Over the past 3 months, payroll growth has averaged a very strong 234,000.
Employers added 143,000 jobs in January amid a slowdown in the labor market
The U.S. economy added fewer jobs in January than economists had forecast, although the jobless rate edged lower.
Forget soft January jobs report. U.S labor market is pretty darn strong.
The economy added a mild 143,000 new jobs in January as massive California wildfires and a cold snap in much of the country acted as a drag on hiring. But the details of the employment report point to a robust labor market that gained strength at the end of 2024.
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January jobs report: US labor market adds 143,000 jobs, unemployment rate falls to 4%
The US labor market added fewer jobs than forecasted in January while the unemployment rate unexpectedly fell. Data from the Bureau of Labor Statistics released Friday showed 143,000 new jobs were created in January,
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