US nonfarm payrolls surged by 130,000 in January, far exceeding expectations, while the unemployment rate edged down to 4.3%; prior months’ job gains were revised lower, and wage growth remained steady.
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US Nonfarm Payrolls Jump by 130,000 in January, Unemployment Rate Falls
US nonfarm payrolls surged by 130,000 in January, far exceeding expectations, while the unemployment rate edged down to 4.3%; prior months’ job gains were revised lower, and wage growth remained steady.
US Nonfarm Payrolls Rise by Just 50,000 in December—Prior Months Revised Sharply Lower (Comprehensive)
US nonfarm payrolls rose by just 50,000 in December, missing expectations, as prior months saw sharp downward revisions and annual job growth slowed markedly.
US June Employment Revised Down from 14,000 Increase to 13,000 Decrease
US June employment data revised sharply downward, shifting from a previously reported increase of 14,000 jobs to a decrease of 13,000, signaling labor market weakness.
Cook Says Major Jobs Revision Typical of Economic Turning Point
Federal Reserve Governor Lisa Cook warns that the sharp downward revision in US job growth signals a typical economic turning point, reflecting heightened uncertainty in labor market data.
White House NEC Chair Kevin Hassett criticized the reliability of U.S. employment data, warning of potential manipulation and urging modernization, as the Fed faces mounting pressure to adjust monetary policy amid weak job growth and significant data revisions.
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White House Warns of Potential Manipulation in Employment Data—Fed Faces Policy Pressure
White House NEC Chair Kevin Hassett criticized the reliability of U.S. employment data, warning of potential manipulation and urging modernization, as the Fed faces mounting pressure to adjust monetary policy amid weak job growth and significant data revisions.
The White House defended President Trump’s firing of the U.S. BLS chief over alleged employment data manipulation, but failed to provide evidence, as sharp downward revisions to recent job figures fueled market skepticism.
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White House Defends Trump’s ‘Employment Data Manipulation’ Claims—Fails to Provide Evidence
The White House defended President Trump’s firing of the U.S. BLS chief over alleged employment data manipulation, but failed to provide evidence, as sharp downward revisions to recent job figures fueled market skepticism.
Donald Trump has ordered the removal of the US Bureau of Labor Statistics chief, alleging manipulation of employment data and citing major downward revisions in recent jobs reports ahead of the 2024 presidential election.
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Trump Orders Dismissal of US Bureau of Labor Statistics Chief Over Jobs Data Concerns
Donald Trump has ordered the removal of the US Bureau of Labor Statistics chief, alleging manipulation of employment data and citing major downward revisions in recent jobs reports ahead of the 2024 presidential election.
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