{"id":24902,"date":"2024-02-02T14:45:21","date_gmt":"2024-02-02T09:15:21","guid":{"rendered":"https:\/\/farratanews.online\/january-jobs-report-expected-to-show-that-hiring-slowed-last-month\/"},"modified":"2024-02-02T14:45:21","modified_gmt":"2024-02-02T09:15:21","slug":"january-jobs-report-expected-to-show-that-hiring-slowed-last-month","status":"publish","type":"post","link":"https:\/\/farratanews.online\/january-jobs-report-expected-to-show-that-hiring-slowed-last-month\/","title":{"rendered":"January jobs report expected to show that hiring slowed last month"},"content":{"rendered":"

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\u2018Mornings with Maria\u2019 panelists react to December\u2019s better-than-expected jobs report, detailing its expected impact on the labor market and U.S. economy.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

All eyes will be on the January jobs report when it is released Friday morning, as investors look for clues about the labor market’s health in the face of higher interest rates and still-high inflation.<\/p>\n

The Labor Department’s high-stakes January payroll report<\/u>, due at 8:30 a.m. ET, is projected to show that hiring increased by 180,000 last month and that the unemployment rate inched higher to 3.8%, according to a median estimate by Refinitiv economists.<\/p>\n

That would mark a decrease from the 216,000 gain in December<\/u> and the average monthly gain of 225,000 recorded over the previous 12 months.<\/p>\n

“For the January employment snapshot, the consensus is that we\u2019ll see slower hiring, falling short of the 216,000 jobs added in December,” said Mark Hamrick, senior economic analyst at Bankrate.\u00a0<\/p>\n

WORKERS NOW DEMANDING NEARLY $80K TO START NEW JOB<\/u><\/strong><\/p>\n