Negative revisions expected in January jobs report as economic hopes persist
The final jobs report capturing a snapshot of the economy during the Biden administration will be released Friday.
Why The January Jobs Report Caused Yields To Rise But Is Positive For The Economy
January jobs report showed lower-than-expected job creation and downward revisions for 2024, but unemployment fell to 4%. Click for more on the U.S. Economy.
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,
Why bond yields are spiking after the January jobs report
While the headline number missed estimates, the January jobs report showed signs of strength investors think will keep rates higher for longer.
2-year Treasury yield rises ahead of key January jobs report
U.S. Treasury yield was higher as investors awaited key January jobs data which will provide fresh insights into the state of the labor market.
Treasury yields rise after U.S. jobs report
Treasury yields were higher on Friday, as investors weighed fresh data showing that jobs growth slowed more than expected in January while wage growth increased more than anticipated. The yield on the 10-year Treasury note was up about 2 basis points at around 4.
U.S. Jobs Report Better Than Feared
The provisional estimate from August was for 818k of downward revisions over the 12 months to March 2024, but this is now ...
Why Friday's jobs report could cause widespread confusion
Annual data revisions could show slower job growth in 2024 than we previously thought.
Trump adviser seizes on jobs data's downward revisions to knock 'Bidenomics'
Kevin Hassett, director of President Donald Trump's National Economic Council, has criticized the Biden administration in ...
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Chicago Fed president on what the new jobs report says about the economy
The new jobs report shows the pace of hiring slowed slightly in January with the economy adding 143,000 jobs. The report also ...
Job Growth Slowed in January, but Overall Picture Remains Solid
U.S. employers added 143,000 jobs last month, somewhat fewer than forecast, while unemployment fell to 4 percent and hourly ...
Jobs report surprise could upend Fed rate cut bets in coming months
The U.S. economy added a smaller-than-expected tally of new jobs last month, but a sharp jump in wage growth and revisions ...
Economy adds 143,000 jobs in January, reflecting a slower but solid pace of growth this year
Annual revisions to jobs data and disruptions related to the catastrophic Los Angeles fires and severe winter storms are ...
U.S. job growth slumps in January but unemployment ticks down
New report finds shrinking but still solid jobs numbers and lower unemployment as U.S. central bank monitors economy amid ...