Unemployment Falls, Jobs Report Indicates Fed 'Continued Pause'

"Pace of job growth is still really solid here," says Nationwide's Ben Ayers on January's Jobs report. The unemployment rate fell to 4%, but the U.S. economy added just 143k jobs. Ayers discusses the Trump Admin. efforts to cut back government jobs growth and the overall impact the labor market has on the U.S. consumer. Then, he discusses the Fed's rate plans which he indicates a "continued pause" is likely to stay for several more FOMC meetings.

Morning Movers

07 Feb 2025

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