Economics
What Economists Are Saying Ahead of January’s U.S. Jobs Report
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U.S. employers probably hired in January at a less robust pace than the prior month, though still at a rate that’s consistent with a solid labor market despite disruptions from the government shutdown and uncertainty about the trade war.
Nonfarm payrolls rose by 165,000, according to the median of estimates in Bloomberg’s survey of economists before the Labor Department releases its monthly employment report Friday at 8:30 a.m. in Washington. Despite that being a record 100th month of uninterrupted gains, it would be fewer than December’s whopping 312,000 increase.