The Labor Department released its jobs report for January which showed that the U.S. economy added 143,000 jobs last month, which was below with economists' expectations.

U.S. job growth slowed more than expected in January, likely restrained by wildfires in California and cold weather across much of the country, but a 4.0% unemployment rate probably gives the Federal Reserve cover to hold off cutting interest rates at least until June.

Annual revisions to jobs data and disruptions related to the catastrophic Los Angeles fires and severe winter storms are likely to be reasons behind the slump in job gains.

January job growth in the United States in January dropped drastically from December numbers and fell short of analysts' expectations according to a Bureau of Labor Statistics report released Friday.

Job growth in the US slowed last month but unemployment remained low, in a sign of a solid, if more subdued economy. Employers added 143,000 jobs in January, while the unemployment rate slipped to 4% from 4.

The U.S. economy added fewer jobs in January than economists had forecast, although the jobless rate edged lower.

U.S. January payrolls fell short of expectations with 143,000 jobs added while the unemployment rate fell to 4.0% and hourly wages climbed a better-than-estimated 0.5%. Michael McKee breaks down the numbers on Television.

US jobs growth slowed in January, according to the latest official figures, but the rate of unemployment declined. Employers created 143,000 jobs last month, compared with analyst's forecasts of about 170,