It’s jobs Wednesday!
Yes, you read that right. The monthly jobs report, a Friday tradition, is coming out this morning, five days later than originally scheduled due to the partial government shutdown.
Economists expect the US added 65,000 jobs in January and unemployment remained at 4.4%.
Investors are looking at the January jobs report to see if the job market has continued stabilizing following a difficult 2025. The US added only 584,000 jobs last year, the lowest employment growth since 2003, excluding recessions.
The coming report will include revisions to past job growth, so last year’s employment level could change.
The report is expected to drop at 8:30 a.m. ET. Stay with us as we preview the data and then give you an inside look at everything you need to know about the report when it drops.
Stocks are in a holding pattern
Investors are holding their breath for today’s jobs report.
Futures for the three main US stock indexes are virtually unmoved as of around 6 a.m. ET. S&P 500 futures are flat, Dow Jones futures are up about 0.1%, and Nasdaq 100 futures are down about 0.1%.
Precious metals are trading higher with gold up 1.9% at around $5,130 an ounce, and silver up 6% at just over $85 per troy ounce. Crude oil prices are also in the green with Brent crude up 1.3% at around $69.70, and West Texas Intermediate up 1.4% at $64.80.
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