Will 'Panican' about unemployment become a thing of the past?
In superb news, the Bureau of Labor Statistics announced that the economy added 130,000 jobs in January, nearly triple the amount expected. In suboptimal news, the BLS also found in its annual benchmark of data that last year’s economy added only 181,000 jobs instead of the 584,000 initially estimated, amounting to 30,000 monthly job gains across 2025 instead of the preliminary estimate of 49,000.