Surprising payroll and wage gains in the latest jobs report

Feb 2, 2024

Analyzing the surprising payroll and wage gains in the January jobs report, discussing implications for inflation and interest rates, as well as projections for the labor market and Federal Reserve's policy.

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Analyzing the January jobs report and its implications

00:00 • 4min

The U.S. labor market continues to outperform expectations, with non-farm payrolls growing by 353,000 in January and wages increasing 4.5%. What does this all mean for inflation and interest rates? Join Michael Feroli, Chief U.S. Economist, and Samantha Azzarello, Head of Content Curation and Strategy, as they discuss the January jobs report.

This episode was recorded on February 2, 2024.

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