Trump: 'Great Jobs Numbers, Far Greater Than Expected'
President Donald Trump on Wednesday touted "far greater than expected" U.S. jobs numbers, arguing the strong employment report underscores the nation's economic strength and should lead to significantly lower borrowing costs.
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Robust 130K Jobs Added in Jan., Jobless Rate 4.3%
U.S. job growth accelerated in January and the unemployment rate fell to 4.3%, signs of labor market stability that could give the Federal Reserve room to keep interest rates unchanged for some time while policymakers monitor inflation.
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U.S. payrolls rose by 130,000 in January, more than expected; unemployment rate at 4.3%
Nonfarm payrolls were expected to increase by 55,000 in January while the unemployment rate held at 4.4%, according to the Dow Jones consensus estimate.
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The delayed January jobs report will be released Wednesday. Here's what to expect
Economists expect that the nonfarm payrolls report should show growth that was nil or not much better during the month.
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California Pushes Ahead on EV Mandates
While Washington has pulled back on electric vehicle mandates and emissions enforcement, California is moving in the opposite direction -- and the nation's largest automakers are paying close attention.
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Navarro: Deportations Mean Smaller, Steadier Job Gains
White House senior trade adviser Peter Navarro is urging Americans — and Wall Street — to temper their expectations ahead of Wednesday's monthly jobs report, arguing that the Trump administration's deportations of illegal aliens will naturally lower the "steady" pace of job growth.
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