U.S. payrolls rose by 130,000 in January, more than expected; unemployment down to 4.3%

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Nonfarm payrolls increased by 130,000 for January, above the Dow Jones consensus estimate for 55,000.
The unemployment rate edged lower to 4.3%. A more encompassing measure slipped to 8%, down 0.4 percentage point from December.
As has often been the case for the U.S. labor market, health care led job gains in December, adding 82,000 positions. Social assistance also rose, up 42,000, while construction added 33,000.
The BLS also released final benchmark revisions for the year prior to March 2025. Those numbers saw the initial counts revised lower by a total 898,000, about in line with expectations.

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