The Economic Times

US jobs report explained: 130,000 jobs added in January as unemployment drops to 4.3% - what it means for Fed interest rates

Jobs report today: US job growth slowed in January, adding 130,000 jobs, with revisions indicating a weaker labor market than previously thought. Despite a falling unemployment rate, rising benefit claims and significant job cut announcements signal underlying economic strain. This softer labor market is influencing Federal Reserve policy, with reduced expectations for near-term interest rate cuts.