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California's job growth in 2024 lagged behind the nation's, in large part because of layoffs at tech firms and weakness in manufacturing and the information sector, which includes the film industry.
The US economy kicked off 2025 by adding 143,000 jobs in January, fewer than expected; but the unemployment rate dipped to 4%, according to data released Friday by the Bureau of Labor Statistics.
The job cuts, hiring freezes and spending reductions are expected to have ripple effects on local economies, especially in Washington D.C. and the adjacent states of Virginia and Maryland, and ...
The department's estimate for total payroll employment for the period from April 2023 to March 2024 was lowered by 818,000. The revision represented a total downward change of about 0.5% and means ...
"The underlying pace of job growth is currently around 150,000 and, if anything, should moderate further in early 2025, reflecting both easing in the demand for workers as the economy slows a bit ...
The revised total adds to evidence that the job market has been steadily slowing and likely reinforces the Federal Reserve's plan to start cutting interest rates soon. The Labor Department ...
Employers around the U.S. added 143,000 jobs in January, as the labor market showed signs of cooling at the start of 2025. The numbers. Hiring was weaker than expected by economists, who had ...
The unemployment rate now sits at its lowest level since May 2024. The US economy created 143,000 new jobs in January, less than the 170,000 expected by economists and lower than the 307,000 seen ...