The New York Post talked with Sandra Moran, WorkForce Software’s Chief Customer Experience and Marketing Officer about the recent Jobs Report. US employers added 143,000 jobs in January and the unemployment rate dipped slightly, according to the Labor Department—signs that the labour market is slowing but still looks to be on solid footing. The headline number fell short of the 169,000 jobs economists had expected, according to a Wall Street Journal survey. The unemployment rate, however, ticked down to 4%—the lowest monthly rate since May—versus expectations it would remain flat with 4.1% a month earlier.
“Today’s jobs report fell short of expectations, indicating that December’s unexpected boost was an anomaly,” Moran wrote in a note. “Opportunities for unemployed workers are decreasing as businesses remain cautious about increasing their headcount,” she added.
