First Jobs Report Of 2025: Labor Market Still Solid
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. On the other hand, payroll growth for the end of 2024 was revised up quite a bit. Over the past 3 months, payroll growth has averaged a very strong 234,000.
Friday’s report provided evidence of slowing expansion. The 143,000 jobs added would be the weakest January total since 2016.
U.S. stock futures steadied on Friday ahead of U.S. payrolls data, with investors cautiously optimistic that the world might ...
Central Minnesota businesses are searching for workers, which is good news for job seekers, but it is creating challenges for employers. Minnesota’s unemployment rate fell to 3.7 percent in ...
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Bridgestone America announces the closure of LaVergne, Tennessee, Truck and Bus Radial Tire Plant. By July 31st, 700 ...
Lockheed Martin’s plant in Salina has won a U.S. Navy contract worth up to $1.36 billion to produce an electronic warfare ...
Central Minnesota Jobs and Training Services is building a program to reduce recidivism in McLeod County. “We’re working with the McLeod County Jail … and we’re putting together ...
The January jobs report revealed a drop in the unemployment rate to 4%, accompanied by payroll gains of 143,000. A Fed ...
CVS Health plans to eliminate another 22 jobs connected to its offices in Hartford, 10 of which are held by Connecticut ...
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