US EditionU.S. Job Growth Lags Despite Solid Economic Expansion
- The Labor Department is expected to report that 75,000 jobs were added in January 2026, improving from December's 50,000, indicating job market weakness amid economic growth.
- Layoffs in January reached over 108,000, with high-profile companies like Dow and Amazon cutting jobs significantly, leading to economic concerns.
- The U.S. economy's Gross Domestic Product grew at a 4.4% annual pace from July to September, but job creation lagged behind with only 75,000 jobs added in January 2026, according to various economists' analyses.
- The unemployment rate remained low at 4.4% in January, despite high-profile layoffs affecting job seekers, according to Shruti Mishra of Bank of America.
26 Articles
26 Articles
The economy is booming. So why is the job market lagging? - The Boston Globe
The Labor Department is expected to report Wednesday that companies, government agencies and nonprofits added 75,000 jobs last month, according to a survey of forecasters by the data firm FactSet.
The US economy is booming. So why is the job market lagging?
Despite robust economic growth, the U.S. job market is surprisingly sluggish, with job creation significantly lower than in recent years. High interest rates, workforce changes, and trade policy uncertainty are cited as key factors. While unemployment remains low due to reduced competition, finding new jobs is proving difficult, especially for entry-level workers facing automation.
Associated Press News
US employers add surprising 130,000 jobs last month, but revisions cut thousands of 2024-2025 jobs
U.S. employers added a surprisingly strong 130,000 jobs last month, but government revisions cut 2024-2025 U.S. payrolls by hundreds of thousands of jobs.
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