US Jobs - 2025-01-09
Date:
Friday, January 10, 2025
Summary:
At the Fed right now: "Oh no! Too many people are working!" That's okay, their wage gains are slowing. Your work here is done.
In the real world right now: the productivity-led post-pandemic boom continues. It's especially good to see employment gains in the Household Survey strongly beat payrolls, after two months of seriously lagging.