Summary
The U.S. economy added 130,000 jobs in January 2026. However, revisions to last year's job data show a weaker performance than previously thought. Some companies, like Amazon and UPS, are laying off employees.
Key Facts
- In January 2026, the U.S. economy added 130,000 jobs.
- Revised data indicates last year's job growth was weaker than earlier reported.
- Companies such as Amazon and UPS are announcing layoffs.
- The layoffs add to concerns about the strength of the job market.
- Geoff Bennett interviewed Harry Holzer, a former chief economist for the Department of Labor, for more insights.
