January 2025 Jobs Report: Key Insights on Employment Trends and Economic Growth
In January, the U.S. economy added 143,000 jobs, which was lower than expected, while the unemployment rate decreased to 4%. Despite fewer job gains, wages increased more than anticipated, with hourly earnings rising by 0.5%. The Bureau of Labor Statistics also revised previous job counts, showing a decrease of 589,000 jobs for the year. Job ...