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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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Hawaii Tribune-Herald

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.

1 month ago

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Blavity News & Politics

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 …

1 month ago

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美国之音

U.S. added 143,000 jobs in January, unemployment rate drops to 4%

U.S. employers added just 143,000 jobs last month, but the unemployment rate fell to 4% at the start of 2025. At the same time, the government revised up payrolls for November and December.

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.

1 month ago·Los Angeles, United States

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