The Labor Department has released its first jobs report of the year, covering January 2025. It shows that payrolls grew by 143,000 — somewhat lower than economists’ expectations of 175,000.

But, on many other measures, we see a labor market that is gradually cooling. Perhaps the most important numbers in the report were the downward revisions to estimates of job growth in April and May.

The recent January jobs report has painted a complex picture of the U.S. labor market, highlighting the challenges in ...

In his most recent press conference, Federal Reserve Chair Jerome Powell characterized the labor market as "broadly stable." And in this week's lead-up to the January jobs report, the incoming ...

Economists largely believe the continued low number of weekly jobless claims combined with relatively steady continuing claims reflects a "low hire, low fire" type of labor market. In a note to ...

The US labor market isn't showing signs of weakness that would prompt another interest rate cut from the Federal Reserve in the near term. The January jobs report released on Friday showed ...