The economy added 227,000 jobs in January, more than expected
The U.S. economy added 227,000 jobs in January, the biggest increase in four months of solid gains. Economists surveyed by MarketWatch had forecast 197,000 new jobs, on average. The unemployment rate inched up from 4.7 percent to 4.8 percent as more people entered the workforce. Average wages rose by 0.1 percent to $26 an hour, resulting in a slightly lower than expected 2.5 percent increase over 12 months, the weakest such gains since August. The first monthly jobs report since President Trump took office showed that his presidency is beginning with a solid and improving employment market. Trump has promised to create another 25 million jobs over the coming decade.
The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
-
The MAGA civil war takes center stage at the Turning Point USA conferenceIN THE SPOTLIGHT ‘Americafest 2025′ was a who’s who of right-wing heavyweights eager to settle scores and lay claim to the future of MAGA
-
The 8 best drama movies of 2025the week recommends Nuclear war, dictatorship and the summer of 2020 highlight the most important and memorable films of 2025
-
Why, really, is Trump going after Venezuela?Talking Points It might be oil, rare minerals or Putin
-
TikTok secures deal to remain in USSpeed Read ByteDance will form a US version of the popular video-sharing platform
-
Unemployment rate ticks up amid fall job lossesSpeed Read Data released by the Commerce Department indicates ‘one of the weakest American labor markets in years’
-
US mints final penny after 232-year runSpeed Read Production of the one-cent coin has ended
-
Warner Bros. explores sale amid Paramount bidsSpeed Read The media giant, home to HBO and DC Studios, has received interest from multiple buying parties
-
Gold tops $4K per ounce, signaling financial uneaseSpeed Read Investors are worried about President Donald Trump’s trade war
-
Electronic Arts to go private in record $55B dealspeed read The video game giant is behind ‘The Sims’ and ‘Madden NFL’
-
New York court tosses Trump's $500M fraud fineSpeed Read A divided appeals court threw out a hefty penalty against President Trump for fraudulently inflating his wealth
-
Trump said to seek government stake in IntelSpeed Read The president and Intel CEO Lip-Bu Tan reportedly discussed the proposal at a recent meeting
