U.S. Economy Added 517,000 Jobs in January
The U.S. economy showed mixed results in January 2023. Unemployment fell to 3.4%, the lowest in over 53 years, and hiring increased to 517,000 jobs, but wage growth slowed, according to the WSJ. Consumer spending and manufacturing activity are both declining and the economy grew 1% in Q4 2022, down from 2021. Average payrolls grew […]
U.S. Economy Added 517,000 Jobs in January
The U.S. economy showed mixed results in January 2023. Unemployment fell to 3.4%, the lowest in over 53 years, and hiring increased to 517,000 jobs, but wage growth slowed, according to the WSJ. Consumer spending and manufacturing activity are both declining and the economy grew 1% in Q4 2022, down from 2021. Average payrolls grew […]
