The U.S. unemployment rate fell to 4.0% in January, marking a second consecutive drop. However, job growth slowed significantly, with only 143,000 jobs added. This comes as the nation grapples with the economic impact of Donald Trump's policies.
Employers kicked off 2025 with another dip in the unemployment rate, despite a slowdown in U.S. job growth , according to data released Friday morning.Coming in ahead of consensus forecasts compiled by Trading Economics, the unemployment rate edged down to 4.0 percent in January, according to the Bureau of Labor Statistics. This marks a slight improvement on December's reading of 4.1 percent, and a second consecutive drop in the unemployment rate.
Despite positive trends in the unemployment rate, recent data from the Labor Department found that the number of unemployed claimants in the U.S. had increased to 1.9 million, showcasing the continued challenges facing the job market despite recent progress.
ECONOMY UNEMPLOYMENT JOB GROWTH DONALD TRUMP POLICY
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