The U.S. economy added 143,000 jobs in January 2025, falling short of economists’ expectations of 170,000, though the unemployment rate declined slightly to 4.0%. The latest report from the Bureau of Labor Statistics revealed mixed labor market signals, with job growth concentrated in healthcare, retail trade, and social assistance, while the mining sector saw losses. Wage growth continued, with average hourly earnings rising 4.1% year-over-year to $35.87, though the average workweek slightly declined. Despite ongoing resilience, slower job gains and persistent challenges in full-time employment suggest companies may need to refine hiring strategies in response to shifting economic conditions.
Read more to explore the report implications for businesses and job seekers.
The U.S. economy added 143,000 jobs in January 2025, falling short of economists’ expectations of 170,000, though the unemployment rate declined slightly to 4.0%. The latest report from the Bureau of Labor Statistics revealed mixed labor market signals, with job growth concentrated in healthcare, retail trade, and social assistance, while the mining sector saw losses. Wage growth continued, with average hourly earnings rising 4.1% year-over-year to $35.87, though the average workweek slightly declined. Despite ongoing resilience, slower job gains and persistent challenges in full-time employment suggest companies may need to refine hiring strategies in response to shifting economic conditions.
Read more to explore the report implications for businesses and job seekers.
The U.S. economy added 143,000 jobs in January 2025, falling short of economists’ expectations of 170,000, though the unemployment rate declined slightly to 4.0%. The latest report from the Bureau of Labor Statistics revealed mixed labor market signals, with job growth concentrated in healthcare, retail trade, and social assistance, while the mining sector saw losses. Wage growth continued, with average hourly earnings rising 4.1% year-over-year to $35.87, though the average workweek slightly declined. Despite ongoing resilience, slower job gains and persistent challenges in full-time employment suggest companies may need to refine hiring strategies in response to shifting economic conditions.
Read more to explore the report implications for businesses and job seekers.
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