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January jobs report expected to show slight hiring slowdown, uptick in unemployment
Yahoo Finance
January jobs report expected to show slight hiring slowdown, uptick in unemployment
Josh Schafer · Reporter
Thu, Feb 1, 2024, 3:33 PM EST 4 min read
The January jobs report is set for release Friday morning and is expected to show some signs of cooling in the labor market, which proved more resilient than many expected throughout 2023.
The monthly report from the Bureau of Labor Statistics, slated for release at 8:30 a.m. ET, is expected to show nonfarm payrolls rose by 185,000 in January while the unemployment rate ticked up to 3.8% from the previous month, according to consensus estimates compiled by Bloomberg. In December, the US economy added 216,000 jobs while the unemployment unexpectedly remained flat at 3.7%.
{snip}
January jobs report expected to show slight hiring slowdown, uptick in unemployment
Josh Schafer · Reporter
Thu, Feb 1, 2024, 3:33 PM EST 4 min read
The January jobs report is set for release Friday morning and is expected to show some signs of cooling in the labor market, which proved more resilient than many expected throughout 2023.
The monthly report from the Bureau of Labor Statistics, slated for release at 8:30 a.m. ET, is expected to show nonfarm payrolls rose by 185,000 in January while the unemployment rate ticked up to 3.8% from the previous month, according to consensus estimates compiled by Bloomberg. In December, the US economy added 216,000 jobs while the unemployment unexpectedly remained flat at 3.7%.
{snip}
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