The Traderszone Network

Published in TZ Latest News 4 February, 2016 by The TZ Newswire Staff

U.S. job growth likely slowed in January

U.S. employment gains likely slowed in January as the boost to hiring from unseasonably mild weather faded, but an expected rebound in wages and a steady jobless rate will suggest the labor market recovery remains firm. Nonfarm payrolls probably increased by 190,000 jobs last month, according to a Reuters survey of economists. January employment will also lose the lift from the hiring of couriers and messengers, which was buoyed in November and December by strong online holiday sales.