Eco Week Ahead
US Hiring Seen Staying Solid With Focus on Revisions
- Fed’s Jefferson, Bowman and Kugler set to speak this week
- BOE, RBI, Mexico may cut rates; euro-zone inflation due
Commuters during morning rush hour at the Wall Street subway station in New York.
Photographer: Ismail Ferdous/BloombergThis article is for subscribers only.
The US labor market probably kicked off 2025 with another month of solid growth, while highly anticipated annual revisions are likely to showcase a noticeably more moderate pace of hiring over the past few years.
Payrolls increased by 170,000 in January after larger advances over the prior two months, when the labor market was recovering from the impacts of hurricanes and a major strike, according to the median projection of economists surveyed by Bloomberg.