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Joseph Politano: U.S. non-farm payrolls increase by 165,000 as unemployment drops to 4.1%

Joseph Politano: U.S. non-farm payrolls increase by 165,000 as unemployment drops to 4.1%
U.S. non-farm payrolls rise, 4.1% jobless rate

The U.S. added 165,000 non-farm jobs, and the unemployment rate declined by 0.1% to 4.1%.

The prime-age (25–54) employment-population ratio held steady at 80.7%, while average hourly earnings increased by 0.4%. Joseph Politano reported these labor market statistics.

Earlier, Joseph Politano reported that 42 U.S. states added jobs over the last year, with South Carolina recording the fastest employment growth at 2.2%. In a separate analysis, Politano noted that data centers and computers now represent the largest U.S. capital investment category. These developments follow newly released national labor market data.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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