7 February 2025

Natalie Sherman

Business correspondent, BBC News

Getty Images People in Suits Crossing A New York StreetGety pictures

The growth of jobs in the United States slowed last month, but unemployment remained low, in a sign of a strong economy, if it was quieter.

Employers added 143,000 jobs in January, while the unemployment rate decreased to 4 % from 4.1 %, according to the Ministry of Labor report.

The numbers put the theater when US President Donald Trump enters the White House and promised a great arrest, including cuts in government spending and federal workforce, the deportation of collective immigrants, and the higher definitions of many commodities coming to the United States.

The proposals sparked uncertainty about the expected way for the world's largest economy.

Last month, the US Central Bank was martyred about the future because it announced that it would not reduce interest rates, which led to a temporary stop after a series of discounts that started in September.

Federal Reserve Chairman Jerome Powell also said the bank's concerns about the labor market had calmed down.

Despite the slowdown in job growth last month, analysts said they had not seen much in the report to raise new concerns, noting the previous data reviews indicating that the growth of jobs in November and December were previously stronger than estimated.

“The January salary number has been compensated less than expected by the bullish reviews to the Aesthetics of November and December and a decrease in the unemployment rate,” said Ellen Zintner, the chief economist in Morgan Stanley Wealth Management.

“Those who were hoping to obtain a soft report that would push the Federal Reserve to put the price cuts it did not get.”

The employers in the healthcare and retail sectors led job gains in January, which came when the country was hit by forest fires and winter storms.

The average watch was 4.1 %, compared to January 2023, according to the report.

The report was affected by the annual reviews, which include more detailed data on job growth.

Those job gains showed less in 2024 in general than previously estimated. The shares of the United States did not change a little after the news.

White House spokeswoman Caroline Levitte said that the report showed that “Biden's economy was much worse than anyone believed, and stresses the necessity of President Trump's policies supporting growth.”

Despite the reviews, the recent report indicated that the labor market is more stable than it was just a few months ago.

“Everything has been hidden, the economy created less functions than we thought last year, but it seems that the trend does not seem to deteriorate,” he said.

He warned that the company is still expecting a “staple” in job growth “, given the silent level of employment indicators and high uncertainty about the economic policies of the new administration.

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