Attention Economy


Friday, February 7, 2025

A Pickup in Wage Inflation

Jobs report surprise could upend Fed rate cut bets in coming months
https://www.thestreet.com/investing/jobs-report-surprise-could-upend-fed-rate-cut-bets-in-coming-months
The U.S. economy added a smaller-than-expected tally of new jobs last month, data indicated Friday, but a sharp jump in wage growth and revisions tied to population changes and immigration make for a noisy report that might not indicate broader strength in the labor market.
 
Related:
https://finance.yahoo.com/news/january-jobs-report-unemployment-rate-falls-to-4-wages-rise-more-than-forecast-as-us-labor-market-remains-resilient-to-start-2025-133442714.html