US economy added 130,000 jobs in January, unemployment falls to 4.3%
WASHINGTON - U.S. employers added 130,000 jobs in January, the Bureau of Labor Statistics said Feb. 11, and the agency’s revisions to prior monthly data indicate the labor market was weaker in 2024 and 2025 than previously estimated. January job growth surpassed forecasters' expectations, as employers added more than double the amount of jobs they did in December. The unemployment rate ticked down to 4.3%, after falling from 4.6% in November to 4.4% in December. The report’s release, originally scheduled for Feb. 6 and delayed due to a short government shutdown, follows several other reports that have reignited concerns about a labor market still adapting to tariffs, an immigration crackdown limiting the supply of workers, and employers’ adoption of artificial intelligence. Ahead of the report’s release, National Economic Council Director Kevin Hassett told CNBC on Feb. 9 that people should expect “slightly smaller jobs numbers,” saying the results may reflect a “productivity boom” and “a pretty big decline in…
11 Feb 00:00 · Inlandnewstoday