U.S. Job Growth Slows In January; Job Rate At 4%

[0311]

WASHINGTON, Feb 7 (Reuters) - U.S. job growth slowed more than expected in January after robust gains in the prior two months, but a 4.0% unemployment rate probably will give the Federal Reserve cover to hold off cutting interest rates at least until June.

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www.reuters.com

The Labor Department's closely watched employment report on Friday also showed strong wage growth last month, with average hourly earnings surging by the most in five months, which should keep consumer spending supported. Labor market resilience is the driving force behind the economic expansion.

There are concerns that an immigration crackdown and broad tariffs on imported goods being pursued by President Donald Trump could severely curtail both the labor market and economy in the coming months. While Trump has suspended a 25% tariff on goods from Canada and Mexico until next month, the lingering uncertainty could discourage businesses from expanding, hampering employment growth.

 

[0311]

Felon47 is losing jobs already.

 

[elektra]

Damn, the Christmas hiring is over?
And, the government is not hiring.

There, I educated you, thank me.

 

[Darkwind]

Felon47 is losing jobs already.

100% Biden/Harris.

 

[drudge X]

Yes, of course. I

Felon47 is losing jobs already.

Yes, of course, it's Trump's fault.

 

[TheGreatSatan]

100% Biden/Harris.

Trying to blame Trump for January job numbers when he didn't start till 1/20 is retarded. Democrats are just hella mad their money laundering and treason is being exposed and nobody believes them anymore. Democrats know that soon a trickle of indictments will form into a river of justice and America will be reborn and enter into a new gold age.

 

[ThisIsMe]

WASHINGTON, Feb 7 (Reuters) - U.S. job growth slowed more than expected in January after robust gains in the prior two months, but a 4.0% unemployment rate probably will give the Federal Reserve cover to hold off cutting interest rates at least until June.

Loading…

www.reuters.com

The Labor Department's closely watched employment report on Friday also showed strong wage growth last month, with average hourly earnings surging by the most in five months, which should keep consumer spending supported. Labor market resilience is the driving force behind the economic expansion.

There are concerns that an immigration crackdown and broad tariffs on imported goods being pursued by President Donald Trump could severely curtail both the labor market and economy in the coming months. While Trump has suspended a 25% tariff on goods from Canada and Mexico until next month, the lingering uncertainty could discourage businesses from expanding, hampering employment growth.

Were at 4% unemployment and January numbers reflect seasonal hiring being eliminated.

 

[struth]

WASHINGTON, Feb 7 (Reuters) - U.S. job growth slowed more than expected in January after robust gains in the prior two months, but a 4.0% unemployment rate probably will give the Federal Reserve cover to hold off cutting interest rates at least until June.

Loading…

www.reuters.com

The Labor Department's closely watched employment report on Friday also showed strong wage growth last month, with average hourly earnings surging by the most in five months, which should keep consumer spending supported. Labor market resilience is the driving force behind the economic expansion.

There are concerns that an immigration crackdown and broad tariffs on imported goods being pursued by President Donald Trump could severely curtail both the labor market and economy in the coming months. While Trump has suspended a 25% tariff on goods from Canada and Mexico until next month, the lingering uncertainty could discourage businesses from expanding, hampering employment growth.

It surprised xiden was president for 65 percent in the month. He handed trump chaos

 

[yidnar]

Felon47 is losing jobs already.

20 days of Jan were during the Briben admin ..

 

[John Edgar Slow Horses]

100% Biden/Harris.

And Felon47 will keep losing jobs.

 

[Darkwind]

And Felon47 will keep losing jobs.

If this is the extent of your cleverness, I grow concerned for you when you reach majority and no longer have caretakers.

 

[Mac1958]

Well, it happened under Trump's watch, so it's his fault.

That's the rule the Trumpsters have followed, so it must be true.

 

[elektra]

And Felon47 will keep losing jobs.

Yep, losing government jobs, NGO jobs. Mass media fake news jobs. How will we survive.

 

[John Edgar Slow Horses]

If this is the extent of your cleverness, I grow concerned for you when you reach majority and no longer have caretakers.

Losing jobs is not a topic of major interest? Tell us when you get back from high school this afternoon.

 

[Lesh]

In fairness January jobs numbers and even GDP ae not indicative of Trump’s policies.

Next month and from then on… yeah… it’s on him

Watch this space