Sandra Moran, Chief Customer Experience and Marketing Officer at WorkForce Software talked with CBS News about the recent January Jobs Report. Employers around the U.S. added 143,000 jobs in January, as the labor market showed signs of cooling at the start of 2025. Hiring was weaker than expected by economists, who had forecast that the economy had added 170,000 jobs last month, according to a poll by FactSet. The Bureau of Labor Statistics said the nation’s unemployment rate edged down to 4%, versus 4.1% in December.
While hiring slowed last month, December’s strong jobs numbers increasingly look like an anomaly, noted Sandra Moran, a workforce expert at ADP’s WorkForce Software. “Opportunities for unemployed workers are decreasing as businesses remain cautious about increasing their headcount,” Moran said.