Reported about 5 hours ago
The US labor market is expected to begin 2025 with another month of solid job growth, with January payrolls projected to increase by 170,000. However, upcoming annual revisions from the Bureau of Labor Statistics are likely to reveal a notably slower hiring pace over the past few years, revising down the employment level for March 2024 by about 700,000. Despite this expected moderation, Federal Reserve officials view the overall labor demand as still robust enough to support the economy.
Source: YAHOO