Understanding employment statistics and labor market analysis
In Jan 2026 CPI slowed to 1.5% YoY improving real wages; unemployment 2.4% and job-to-applicant ratio 1.19 show a stable labor market. Spring wage talks are key.
Dec 2025 employment: unemployment 2.4%, job-to-applicant ratio 1.19, nominal wage index 112.9. CPI slowdown improves real wage environment.