January jobs report: Expect to see strong but slower hiring and an uptick in the unemployment rate

January jobs report: Expect to see strong but slower hiring and an uptick in the unemployment rate

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The first jobs report for 2024, set to be released at 8:30 am ET Friday, is expected to underscore the strength of the US economy despite 11 rate hikes from the Federal Reserve. The labor market snapshot comes just days after Fed Chair Jerome Powell said he’s encouraged about the healthy economy…

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