The January jobs report revealed a drop in the unemployment rate to 4%, accompanied by payroll gains of 143,000. A Fed interest rate cut in March is now very unlikely.

U.S. employers added 143,000 jobs last month, somewhat fewer than forecast, while unemployment fell to 4 percent and hourly earnings rose.

Annual revisions to jobs data and disruptions related to the catastrophic Los Angeles fires and severe winter storms are likely to be reasons behind the slump in job gains.

While the headline number missed estimates, the January jobs report showed signs of strength investors think will keep rates higher for longer.

US job growth slowed more than expected in January, but a 4.0% unemployment rate probably will give the Federal Reserve cover to hold off cutting interest rates until June.

After a solid January jobs report, more traders are betting that the Fed’s rate-cut pause might not be so brief.

Jobs growth slowed in January but a downtick in the unemployment rate, an uptick in wage growth and revisions to prior hiring figures should keep the Federal Reserve on hold when it comes to interest rates,

U.S. job growth slowed more than expected in January, likely restrained by wildfires in California and cold weather across much of the country, but a 4.0% unemployment rate probably gives the Federal Reserve cover to hold off cutting interest rates at least until June.