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Friday, February 07, 2025
The first jobs report since President Donald Trump's inauguration came out Friday morning, falling short of headline expectations in the weakest start to a year for overall job growth since before the COVID-19 pandemic, though other data points revealed a resilient labor market. |
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More Alternate links: Google News | Twitter January's employment update at 8:30 a.m. EST revealed the U.S. economy added 143,000 non-farm payrolls from December to January, on a seasonally adjusted basis. Economists expected 170,000 new jobs, according to consensus economist forecasts compiled by FactSet. But the unemployment rate was 4% last month, beating estimates of 4.1%, where it stood in December. The government also reported 100,000 additional jobs added in November and December than previously shared. Comments
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