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Non-Farm Payrolls report 🇺🇸 January 2026

+ Number of jobs added: 130,000 (Forecast = 70,000, last month = 50,000)

+ Unemployment rate: 4.3% (Forecast = 4.4%, last month = 4.4%)

+ Average hourly earnings month-over-month: 0.4% (Forecast = 0.3%, last month = 0.1%)

👉 The January Non-farm report exceeded expectations in every aspect. The market is now pushing the expectation for the Fed's first rate cut to July, instead of June as previously anticipated.

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