Strong January Job Growth with 4.5% Wage Increase – Curbing Inflation Concerns
WASHINGTON, DC – The latest report from the Labor Department demonstrates a surge in job growth and wage gains, pointing to a robust start for the US economy in 2024. January saw a significant increase in employment, with wages rising well above expectations. The strong job gains were widespread across various sectors, marking a healthy sign for the labor market. The report revealed that professional and business services, health care, retail trade, government, and social …