
US adds 130,000 jobs in January, but revisions slash 2024 totals
Newsy
U.S. employers added a surprisingly strong 130,000 jobs last month, but government revisions cut 2024-2025 U.S. payrolls by hundreds of thousands.
U.S. employers added a surprisingly strong 130,000 jobs last month, but government revisions cut 2024-2025 U.S. payrolls by hundreds of thousands.
The unemployment rate fell to 4.3%, the Labor Department said Wednesday.
The report included major revisions that reduced the number of jobs created last year to just 181,000, less than half the previously reported 584,000 and the weakest since the pandemic year of 2020.
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