US economy shows steady job growth in January amid Biden-Trump transition
The US economy added 143,000 jobs in January while the unemployment rate held steady at 4%, showing moderate growth during the presidential transition period.
The US economy added 143,000 jobs in January while the unemployment rate held steady at 4%, showing moderate growth during the presidential transition period.
US employers added 151,000 jobs in February as the unemployment rate held steady at 4.1%, though federal job losses and policy uncertainty cloud the economic outlook.
The U.S. economy grew at a 2.1% annual pace in the first quarter, exceeding earlier estimates, though consumer spending declined amid higher gasoline prices related to conflict with Iran.
U.S. employers added just 57,000 jobs in June while consumer confidence remains below historical averages, signaling economic caution amid inflation concerns.
The US labor market added 64,000 jobs in November, exceeding economist expectations of 40,000, though unemployment climbed to 4.6%, a four-year high. October saw 105,000 job losses amid a federal government shutdown.
US employers added 178,000 jobs in March, beating expectations, while the unemployment rate fell to 4.3%. February saw 133,000 job losses in revised figures.