Anatomy of An Hour After U.S. Jobs Report Exceeds All Imagined Scenarios

The January U.S. Labor Department jobs situation data depict a much hotter labor market to start 2024 than conceived previously. The consensus forecast of a 180k rise in nonfarm jobs in January was more than met by a combined 186k upward revision to fourth-quarter employment growth resulting from annual benchmark revisions. Plus, the January 2024 […]