Despite Continued Layoff News, Latest Data Shows Resilient U.S. Job Market
Allwork
FEBRUARY 2, 2024
The U.S. labor market blew away expectations from economists in January, adding 353,000 jobs and keeping unemployment steady at 3.7%. Data on the stronger-than-expected labor market conditions were published Friday by the Bureau of Labor Statistics (BLS), revealing that the increase in U.S. nonfarm payrolls far exceeded economists’ predictions of 185,000 jobs.
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