US economy adds stronger-than-expected 130,000 jobs
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U.S. jobs data is set to offer the clearest picture yet of hiring in the first year of Trump's term, as it appeared to slow down.
A better-than-expected jobs report this year could give the Fed reason to put off further interest rate cuts.
The US added 130,000 jobs in January as hiring improved, but lowered last year’s totals. Arizona economists say local effects may follow.
The U.S. economy opened 2026 on better footing, with the latest jobs report showing employers added 130,000 jobs in January. But the data also had revised figures that paint an even weaker picture of last year’s performance.
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Is the U.S. economy creating any jobs? Is inflation really slowing? Investors are about to find out.
Investors will get twin reports this week on employment and consumer prices. They’ll help set the stage for when the Fed cuts interest rates this year — if it reduces them at all.
The U.S. economy created 862,000 fewer jobs in the 12 months through March 2025 than previously estimated, the Labor Department's Bureau of Labor Statistics (BLS) said on Wednesday.