The first job report of Donald Trump’s second presidency on Friday suggested that he inherited a labor market that is solid but unspectacular.
U.S. employers added just 143,000 jobs last month, but the jobless rate slipped to 4% to start 2025 and the government revised November and December payrolls higher.
The first job report of Donald Trump’s second presidency suggested that he inherited a labor market that is solid but unspectacular. January job creation was down from 307,000 in December and 263,000 in November. Economists had expected about 170,000 new jobs in January.
Average hourly wages rose by 0.5% from December and 4.1% from
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