Strong U.S. labor market

February 7, 2020

According to data released today by the Bureau of Labor Statistics, the US economy added 225’000 new jobs in January. In December 2019, only 147’000 jobs were created. Wages have grown by 3.1 per cent from a year earlier. Overall, this report shows that the US economy is in a solid state. However, as mentioned previously, we cannot yet assess the economic consequences of the coronavirus.

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