Labor Market Strength Persists in Early 2025, Reinforcing Fed’s Hold Strategy

The U.S. labor market continues to show resilience in early 2025, even as hiring momentum moderates. According to the latest data from Wells Fargo’s January Employment Report, nonfarm payrolls increased by 143,000, slightly below consensus expectations. However, upward revisions to prior months’ figures and a dip in the unemployment rate to 4 percent—its lowest level […]