US job growth expected to remain 'moderate' in January employment report

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US job growth expected to remain 'moderate' in January employment report - Business Standard

Quick Summary:

The unemployment rate is forecast at 4.

They argued that the Fed should be cutting rates."Jobs in the middle and higher end of the income spectrum, many of them are gone," said Sung Won Sohn, Finance and Economics professor at Loyola Marymount University."Maybe the economy is not as strong as one would think, simply based on the monthly payroll numbers.

The survey of establishments is likely to show nonfarm payrolls increased by 170,000 jobs last month after surging 256,000 in December, a Reuters poll of economists showed.