Job Market Defies Expectations, Adds 517,000 In January
Combined with upward revisions for November & December, market proves even stronger than many thought.
Combined with upward revisions for November & December, market proves even stronger than many thought.
Economy added 223,000 jobs in December as unemployment rate dipped to 3.5%.
Adds 263,000 jobs in September; unemployment rate dips to 3.5%
Job growth slowed to 315,000, but likely not enough to keep the Fed from raising rates later this month.
With upward revisions for May & June as well, there's no sign the jobs market is slowing.
Economists say numbers appear to support Fed's efforts to tighten the economy.
Economy added 428,000 jobs in April; unemployment unchanged.
The United States might return to pre-Covid employment numbers by June