US January Employment: Strong Start Out of the Gate | Crypto Craft

  • US January Employment: Strong Start Out of the Gate

    From wellsfargo.bluematrix.com

    The employment report for January was broadly encouraging. Nonfarm payrolls doubled the Bloomberg consensus forecast of 65K for January, helping to push the three-month average pace of job growth to 73K, its strongest pace since last February. The unemployment rate fell by one-tenth to 4.3%, putting back to where it was in August 2025 before the FOMC cut rates at its three subsequent meetings. Revisions to job growth over 2024 and early 2025 were sharply negative, but these changes were well-telegraphed in the previously released QCEW data. The more recent pace of job growth was less impacted by the slew of revisions ... (full story)

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traderathome
Feb 11, 2026 1:32pm
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It's coming from Wells Fargo... gotta take it with a grain of salt... hire and fire like dealing with immigrant workers standing on the corner each morning in hopes of being picked up to do some work. Only thing strong at Wells Fargo is executive pay, but greatly undeserved.... especially if based on "who does what".
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