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Optimism Seen Amid Slower January US Hiring Data
January job gains totaled 151,000 with unemployment at 4.9 percent. Wages rose 2.5 percent year over year as consumer demand supported growth. Analysts warn of recession risks, but earnings gains and payrolls in retail, manufacturing, and health care hint at resilience. The Fed watches wage trends for rate decisions.
MENTIONED IN THIS ARTICLE
Washington
U.S
Douglas Holtz- Eakin
Congressional Budget Office
American Action Forum
Federal Reserve
Carl Tannenbaum
Northern Trust
Tannenbaum
Fed
Megan Greene
Manulife Asset M
Adam Xavier
RoadLak
Dence
Xavier
Bank of America Merrill Lynch