US JOB DATA JUST SHOCKED EVERYONE
US unemployment came in at 4.3%
Expectations: 4.4%
Everyone was waiting for a weak job print after Kevin Hassett's comment yesterday.
But the exact opposite happened.
The unemployment rate came in at 4.3% vs. 4.4% expected.
The US economy added 130,000 jobs in January, the highest since April 2025.
The US private sector added 172,000 jobs in January, the highest level in a year.
This was a strong job report, which means March rate cuts are probably off the table now.
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