Reported about 11 hours ago
The upcoming January jobs report is anticipated to reveal a slowdown in hiring at the start of 2025, with non-farm payrolls expected to rise by 170,000 while the unemployment rate remains steady at 4.1%. Despite a robust increase of 256,000 jobs in December, recent data suggests the labor market is stabilizing amid low layoffs and a decrease in job openings. Economists and Fed officials indicate that, while the labor market is lower than previous months, it remains healthy, and any resultant changes in monetary policy are not imminent.
Source: YAHOO