US job growth slows but unemployment stays low

Firms created 143,000 jobs last month, below analysts' forecasts, but December's figure was upgraded.

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Employers added 143,000 jobs in January, while the unemployment rate slipped to 4% from 4.1%, according to the Labor Department report.

The figures set the stage as US President Donald Trump enters the White House promising a major shake-up, including cuts to government spending and the federal workforce, mass migrant deportations and higher tariffs on many goods coming into the US.

The proposals have raised uncertainty about the path ahead for the world's largest economy.

Last month, the US central bank cited questions about the future as it announced it would not cut interest rates, hitting pause after a series of cuts that had started in September.

https://www.bbc.com/news/articles/c5yd88d2lxzo

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