U.S. economy added 143,000 jobs in January, fewer than expected
- U.S. Employers added only 143,000 jobs in January, falling short of the expected 170,000, while the unemployment rate dropped to 4% at the start of 2025.
- Average hourly wages increased by 0.5% from December and 4.1% from January 2024, which may concern inflation fighters at the Federal Reserve.
- Job creation from April 2023 to March 2024 was revised down by 589,000 jobs, indicating weaker performance than initially reported.
- White House Press Secretary Karoline Leavitt stated that the jobs report shows the Biden economy was worse than anticipated, highlighting the need for Trump's pro-growth policies.
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Total News Sources0
Leaning Left20Leaning Right12Center37Last UpdatedBias Distribution54% Center
Bias Distribution
- 54% of the sources are Center
54% Center
L 29%
C 54%
R 17%
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