January jobs report: Are the numbers as solid as they seem?

The January jobs report is blazing a trail into 2024, posting 353,000 non-farm payroll jobs added to the US economy in that month. New York Life Investments Economist and Chief Market Strategist Lauren Goodwin and ZipRecruiter Chief Economist Julia Pollak sit down with Yahoo Finance to weigh in on the unemployment print's strength and also why the data may not be as solid as it appears. "We added 3.1 million jobs over the year. that's kind of a blockbuster number, up from previous estimates of 2.7 million," Pollak states. "That said, there is a caveat on all the numbers, which was that the household survey was negative in both December and January, and over the year it only shows 1.9 million gains. So much, much weaker." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Luke Carberry Mogan.