Swiss Economicblogs.org
January’s employment report showed soft job gains. However, this was above all a statistical payback. Unemployment dropped, wage increases were higher than expected and the average workweek inched up. The overall situation remains healthy in the US labour market. Non-farm payroll employment rose by a soft 151,000 m-o-m in January, below consensus expectations (190,000). December’s figure was revised down (from 292,000 to 262,000), but November’s number was revised up (from 252,000 to...
Read More »United States: not such a weak job report
