#USNFPBlowout #USNFPBlowout: The Jobs Report Snapshot
The January 2026 jobs report was a massive surprise, nearly doubling expectations and reshaping the outlook for the rest of the year.
The Fast Stats
• Jobs Added: +130,000 (Expectation: 70,000).
• Unemployment Rate: 4.3% (Down from 4.4%).
• Wage Growth: 0.4% MoM (Higher than expected).
• Key Gainers: Healthcare (+82k) and Construction (+33k).
• Key Losers: Federal Government (-34k) and Financial Services (-22k).
Market Reality Check
• March Rate Cut? Dead. Markets have effectively priced out a rate cut for March, moving expectations to July.
• Stock Rally: The S&P 500 is testing the 7,000-point milestone as investors bet on a "no landing" scenario—where growth stays strong despite high rates.
• Dollar Strength: The USD surged as the U.S. labor market remains the strongest in the developed world.
Bottom Line the "blowout" means the economy is running too hot for the Fed to lower interest rates yet. If you're looking for cheaper loans or a mortgage dip, you’ll likely have to wait until at least the summer.
