U.S. job growth short of estimates in January; unemployment at 4.0%
WASHINGTON (Reuters) -- U.S. job growth slowed more than expected in January, likely restrained by wildfires in California and cold weather across much of the country, but a 4.0% unemployment rate probably gives the Federal Reserve cover to hold off cutting interest rates at least until June.
Public sector hiring has been one of the biggest drivers of U.S. job growth over the past two years. But that may be at an ...
Federal Reserve Chair Jerome Powell appears confident in the US labor market. But that means any signs of a slowdown could ...
US labor cost growth cooled in the fourth quarter from a year earlier, reassuring Federal Reserve policymakers wage pressures ...
Fed’s hawkish stance and potential reduction in rate cuts for 2025 have unsettled markets. Read more on market expectations, ...
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Federal Reserve decides not to change interest rates despite pressure from TrumpThe Federal Reserve expressed concern that inflation has not eased enough for it to continue lowering interest rates.
The Federal Reserve meets for its second two-day ... See how inflation works with the U.S. Bureau of Labor Statistics CPI Inflation Calculator, which bases its calculations on the Consumer ...
The January jobs report revealed fewer new jobs than expected but the unemployment ticked down slightly. The latest data out ...
The headline number fell short of the 169,000 jobs economists had expected, according to a Wall Street Journal survey. The ...
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