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Revelio Labs says US Jan Non-farm Jobs -13.3k M/M (prev. +71k in December)

Newsquawk Staff ·

Revelio Labs says US Jan Non-farm Jobs -13.3k M/M (prev. +71k in December)

What it means

The significant drop in non-farm jobs for January, posting a contraction of -13.3k compared to a prior gain of +71k, signals a potential weakening in the labor market. This may shift expectations for future monetary policy, with implications for rates and growth outlook, particularly if this trend continues in subsequent reports.

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