Wildfires, snow and holiday shopping. Here’s what likely influenced Friday’s jobs numbers | CNN Business

CNN  — 

If the pundits proved right, the US labor market was supposed to have broken down by now.

It wasn’t supposed to survive the Federal Reserve’s historic and aggressive rate-hiking campaign to reel in high inflation.

Instead, the job market — much like the broader US economy — has remained remarkably strong and has kept rolling right along into one of the longest periods of employment expansion in history.

The Bureau of Labor Statistics will release the January jobs report at 8:30 a.m. ET Friday; and, by and large, economists expect

→ Continue reading at CNN - Business News

More from author

Related posts

Advertisment

Latest posts

Buying a new phone? Why you shouldn’t panic about tariff price hikes | CNN Business

New York CNN  —  First, the bad news: Your next smartphone might be more expensive because of President Donald...

Exclusive: GM, Pepsi, Disney, others scrub some DEI references from investor reports

AUSTIN, TEXAS: A GMC pickup truck is displayed for sale on a lot...

Frenzy for new Nvidia gaming chips causes chaos in Tokyo | CNN Business

Tokyo CNN  —  An electronics store in Tokyo has apologized after hundreds of Chinese buyers who flocked there to...