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The US labor market showed continued signs of resilience in January as the unemployment rate unexpectedly fell, wages grew more than expected, and December's monthly job gains were revised higher to show the US labor market exited 2024 on even better footing than previously reported.
Data from the Bureau of Labor Statistics released Friday showed the unemployment rate fell to 4% in January from 4.1% the month prior. The unemployment rate now sits at its lowest level since May 2024.
143,000 new...
>>> Read more: January jobs report: Unemployment rate falls to 4%, wages rise more than forecast as US labor market remains resilient to start 2025
Data from the Bureau of Labor Statistics released Friday showed the unemployment rate fell to 4% in January from 4.1% the month prior. The unemployment rate now sits at its lowest level since May 2024.
143,000 new...
>>> Read more: January jobs report: Unemployment rate falls to 4%, wages rise more than forecast as US labor market remains resilient to start 2025
