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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150 Articles
US job growth slows in January; unemployment rate at 4.0% - Hawaii Tribune-Herald
WASHINGTON — U.S. job growth slowed more than expected in January after robust gains in the prior two months, but a 4.0% unemployment rate probably will give the Federal Reserve cover to hold off cutting interest rates at least until June.
January 2025 Jobs Report: How Many Jobs Were Created, Is Hiring Down And What Is The Unemployment Rate?
The U.S. economy entered 2025 with a combination of challenges and optimism. Although 143,000 new jobs were created last month, which fell short of expectations, the unemployment rate still dipped to 4% per new reports published on Feb. 7 by the Bureau of Labor Statistics, according to CNN. Economists had forecast the unemployment rate to hold steady at 4.1% with 170,000 new jobs added, per FactSet estimates. The report offered a closer look at …


U.S. companies add only 143,000 jobs; unemployment rate drops to 4%
U.S. employers added only 143,000 jobs last month, but the unemployment rate dropped to 4% to start 2025 and the government revised the November and December payrolls upwards.
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