January jobs report expected to reveal downward revisions
Friday’s jobs report will feature significant revisions to employment figures from the Biden administration, with early estimates indicating 818,000 fewer jobs created than initially reported. Despite this, economists believe the U.S. labor market remains relatively strong, NBC News reports.
January jobs report: Economy at full employment. Wage pressure picks up.
Economists had been expecting an overall healthy reading, with 169,000 net new jobs created in the month and the unemployment rate holding steady at 4.1%. The January report, which effectively closes the book on the Biden-era job market,
January jobs report showed lower-than-expected job creation and downward revisions for 2024, but unemployment fell to 4%.
Annual data revisions could show slower job growth in 2024 than we previously thought.
Kevin Hassett, director of President Donald Trump's National Economic Council, has criticized the Biden administration in ...
The provisional estimate from August was for 818k of downward revisions over the 12 months to March 2024, but this is now ...
The new jobs report shows the pace of hiring slowed slightly in January with the economy adding 143,000 jobs. The report also ...
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