The Labor Department has released its first jobs report of the year, covering January 2025. It shows that payrolls grew by 143,000 — somewhat lower than economists’ expectations of 175,000. On the other hand, payroll growth for the end of 2024 was revised up quite a bit. Over the past 3 months, payroll growth has averaged a very strong 234,000.

Defying fears of a pandemic-driven Great Depression and bucking Federal Reserve interest rate hikes as well, the U.S. job market has hit what U.S. central bank officials are characterizing as a moment of stable full employment,

US jobs growth slowed in January, according to the latest official figures, but the rate of unemployment declined. Employers created 143,000 jobs last month, compared with analyst's forecasts of about 170,

The Labor Department released its jobs report for January which showed that the U.S. economy added 143,000 jobs last month, which was below with economists' expectations.