The Labor Department has released its first jobs report of the year, covering January 2025. It shows that payrolls grew by 143,000 - somewhat lower than economists’ expectations of 175,000. On the other hand, payroll growth for the end of 2024 was revised up quite a bit. Over the past 3 months, payroll growth has averaged a very strong 234,000.

Defying fears of a pandemic-driven Great Depression and bucking Federal Reserve interest rate hikes as well, the U.S. job market has hit what U.S. central bank officials are characterizing as a moment of stable full employment,

The U.S. economy added fewer jobs in January than economists had forecast, although the jobless rate edged lower.

U.S. January payrolls fell short of expectations with 143,000 jobs added while the unemployment rate fell to 4.0% and hourly wages climbed a better-than-estimated 0.5%. Michael McKee breaks down the numbers on Television.

The gain in jobs was less than economists had expected, but the job counts for November and December were revised upward by a combined 100,000

The Labor Department released its jobs report for January which showed that the U.S. economy added 143,000 jobs last month, which was below with economists' expectations.