In January 2025, the US economy saw an addition of 143,000 jobs, which was significantly below the revised December figure of 307,000 and also fell short of the expected 170,000. The sectors that experienced job gains included health care, with 44,000 new jobs, retail trade, which added 34,000 jobs, social assistance with a 22,000 increase, and government employment, which continued its upward trend with 32,000 new positions.
MultiBaggers : The non-farm payroll results are the results of the Biden administration. Well done Joe !
伟杰阻击界 : Is this data good or bad for Stocks?
72466231 伟杰阻击界 : should be good remember the Fed
102125483 is my name 伟杰阻击界 : it's suppose to be bad
ProTrader757 伟杰阻击界 : Non-Farms Payroll, shows hiring except farm industry where hiring is unregulated, so omitted. When hiring increases, more people have more money (buying power increases) to spend, which in turn increases the inflation and when hiring slows down, spending also slows. Too much unemployment will lead to recession. So the Fed has keep economy in moderation always, which is a sign of a good economy. Today's report says hiring slowed , which is good for the market overall. Hope this helps. Happy Trading !!
伟杰阻击界 ProTrader757 : Okay, thank you.
102077162 : great
73492634 ProTrader757 : In simple terms, it depends on Wall Street's mood; indicators are not important.
lucid_existence 伟杰阻击界 : Research the Phillips curve. Roughly speaking, when unemployment is high, inflation is low and vice versa. When inflation is high, interest rates are kept high to slow down the economy. This means it becomes more expensive for companies and people to borrow cash, which in turn affects growth and liquidity, which in turn means that companies have lower earnings to report which in turn means that stock values will reflect this.
ProTrader757 ProTrader757 : Now there is a catch ! November & December 2024 Non-Farm payroll data got revised upwards by 100,000 additional people having got hired. So If you average the last 3 months hiring overall, inflation is still ticking up. Eventually chances or probability of the Fed increasing the rates by March also went a notch higher. Hence the market is down today. Happy Trading !
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