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January US jobs report may provide clarity amid disruptions

February 7, 2020

Via: ABC News
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WASHINGTON — With China’s viral outbreak disrupting trade and Boeing’s troubles weighing on American factories, the January U.S. jobs report on Friday may provide timely evidence of the U.S. economy’s enduring health.

Economists estimate that employers added 161,000 jobs last month and that the unemployment rate remained at a 50-year low of 3.5%, according to data provider FactSet. That pace of hiring would be weaker than the monthly average of the past two years yet still more than enough to reduce unemployment over time.

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