Here’s where the jobs will be during the rolling recessions
Recession-like conditions rolling through the U.S. economy are likely to cause more ripples through an otherwise strong jobs market.
Recession-like conditions rolling through the U.S. economy are likely to cause more ripples through an otherwise strong jobs market.
Nonfarm payrolls were expected to increase by 187,000 in January, according to Dow Jones estimates.
January's jobs data shows the unemployment rate fell for Black women. A tight labor market may be playing a role.
Leisure and hospitality saw an increase of 128,000 jobs in the month, led by 99,000 jobs in restaurants and bars alone.
Euro zone narrowly avoided a contraction as energy prices provide some relief.
In its latest economic update, the institution said the global economy will grow 2.9% this year.
Companies added just 106,000 new workers for the month, down from an upwardly revised 253,000 the month before.
The employment cost index increased 1% in the October-to-December period, the Labor Department reported Tuesday.
The personal consumption price index excluding food and energy for December increased 4.4% from a year ago.