US Job Market Shows Unexpected Growth in January Amidst Global Economic Shifts
WASHINGTON, D.C. - The US job market saw a surprising surge in January, with employers adding a greater-than-expected 130,000 jobs, according to the Labor Department, as reported by BBC Business. This helped nudge the unemployment rate lower to 4.3%. The positive figures come after a weak 2025, which saw only 181,000 jobs added, the weakest year for new jobs since the Covid-19 pandemic.
The unexpected growth in the US job market comes amidst other significant developments. The US House of Representatives voted to rescind tariffs imposed on Canada last year, a rare bipartisan rebuke of the White House's trade policy, as detailed by The Guardian. The resolution passed 219 to 211, with six Republicans defying the president. This action reflects ongoing trade tensions and policy shifts.
Meanwhile, in international affairs, US President Donald Trump met with Israeli Prime Minister Benjamin Netanyahu, but "nothing definitive had been reached" regarding Iran, according to Al Jazeera. However, Trump indicated that US talks with Iran would continue as he pushes for Tehran to concede to a list of demands.
In other global news, Italy's government signed off on a new migration bill that includes using the navy to block incoming migrant ships in exceptional cases, as reported by Al Jazeera. The bill also calls for stricter border surveillance and expands the list of convictions for which a foreigner can be expelled.
Across the Atlantic, in Argentina, thousands of protesters took to the streets in Buenos Aires to oppose labor reforms that would restrict the right to strike and roll back employment benefits, as reported by Al Jazeera. The demonstrations occurred as the country's Senate debated the legislation, championed by President Javier Milei, who argues the reforms are essential to realizing his vision.
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