Huge Upward Adjustment To Employment And Labor Force As Wave Of Immigrants Is Finally Included, Unemployment Drops, Wage Growth Accelerates
Average hourly earnings in January jumped by 0.48% (5.9% annualized), the biggest increase since June 2023. Read more here.
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 ...