U.S. economy added 353,000 jobs in January, much better than expected

The latest earnings far exceeded expectations and showed the willingness of employers to continue hiring to meet consistent consumer spending.

353,000 U.S. Jobs Added in January; Monthly Report Smashes Expectations

The jobs report released Friday by the U.S. Bureau of Labor Statistics showed much stronger growth than expected to start the 2024 new year. 353,000 non-farm jobs were added in January, while average hourly wages continued to grow and the unemployment remained at the historically low level of 3.7 percent for the third month in […] The post 353,000 U.S. Jobs Added in January; Monthly Report Smashes Expectations appeared first on Good News Network.

The U.S. economy is better than “goldilocks”

“Let’s be honest: this is a good economy.” So declared Jerome Powell, chairman of the Federal Reserve, at his press conference on Wednesday after the central bank’s latest policy meeting. And he is right, even if the public is not entirely convinced. Indeed, Powell is clearly grappling with a dilemma that many countries would wish for themselves: what is the right monetary policy when the news is good on almost all fronts?Seguir leyendo

U.S. employers add a stunning 353,000 jobs in January

WASHINGTON, D.C. — The nation’s employers delivered a stunning burst of hiring to begin 2024, adding 353,000 jobs in January in the latest sign of the economy’s continuing ability to shrug off the highest interest rates in two decades. Friday’s government report showed that last month’s job gain — roughly twice what economists had predicted — topped the December gain of 333,000, a figure that was itself revised sharply higher. The unemployment r…

Washington. El mercado laboral de Estados Unidos superó las expectativas en enero con la creación de más de 350.000 empleos a pesar de las altas tasas de interés, según los datos publicados este viernes por el gobierno.La resiliencia del mercado de trabajo puede ser positiva para el presidente Joe Biden de cara a la campaña electoral en la que buscará un segundo mandato.La mayor economía del mundo creó 353.000 puestos de trabajo el mes pasado, f…

U.S. Economy Added 353,000 Jobs In January, Labor Department Report Claims

In a surprising increase, the U.S. economy added an influx of new career positions even though unemployment rates have stayed steady.