U.S. Labor Market Surges with 353,000 New Jobs in January, Crushing Expectations In January, the U.S. economy showcased its resilience by adding 353,000 jobs, significantly surpassing the Dow Jones estimate of 185,000. Meanwhile, the unemployment rate remained steady at 3.7%, defying expectations of a rise to 3.8%. Remarkably, average hourly earnings surged by 0.6% for the month, doubling the forecast and indicating a year-over-year wage increase of 4.5%, which outpaced the predicted 4.1%. The expansion in employment was broad-based, with professional and business services, health care, and retail trade leading the contributions. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Why Buy Silver? 10 Reasons to Invest in Silver (w/ Charts) READ MORE Gold Retreats to Weekly Low amid Strong Job Data and Powell's Comments READ MORE Gold Hits Record High: What's Next for the Bullion Market? READ MORE Oil Prices Tread Water as Market Anticipates US InflationInsights READ MORE Cash's Comeback: Investors and Corporates Bet Big Despite Rate Cut Delays READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment
