While not impacting the labor market in February, the coronavirus pushed the Fed to take action and weighed on purchasing managers’ business outlook.
Hiring and Business Activity Rose in January: February 3 – 7
Both the labor market and business sentiment started 2020 on a high note.
Payrolls and the Service Sector Bloom, Manufacturing Struggles: January 6 – 10
The U.S. labor market added 22.6 million jobs during the 2010s.
