US Adds 130,000 Jobs in January, Unemployment Rate Falls to 4.3%

• US January nonfarm payrolls rose 130,000, substantially exceeding the estimated +65,000.
• The unemployment rate fell to 4.3%, lower than the estimated 4.4%.
• Futures for S&P, Nasdaq 100, and Russell 2000 climbed to session highs, while US bond yields and the Dollar Index Spot also increased.
• Manufacturing added 5,000 jobs, indicating a positive turnaround, with the private sector driving overall job growth.

The video analyzes the US January jobs report, which revealed stronger-than-expected nonfarm payroll growth of 130,000 and a decline in the unemployment rate to 4.3%. Despite benchmark revisions that subtracted a significant number of jobs, the immediate market reaction was positive, with futures climbing to session highs.