Employment: A jobs report filled with mixed signals

The Bureau of Labor Statistics released a “Schrödinger’s cat of employment snapshots” last week, said Alicia Wallace in CNN.com. It reported that the U.S. added 130,000 jobs in January, far more than economists forecast, suggesting a stabilizing employment market after months of deteriorating numbers. But the bureau also revised down its jobs numbers for last year to show 2025 to be “one of the worst years ever for job creation outside of a recession.” The annual recalibration meant that “a million...