Why January’s U.S. jobs report is an enormous shock

The U.S. financial system added 353,000 jobs in January, in keeping with the Labor Department’s first jobs report of the yr. Daniel Zhao, the lead economist at Glassdoor, joins CBS News with a take a look at the shocking information.

CBS News Streaming Network is the premier 24/7 anchored streaming information service from CBS News and Stations, accessible free to everybody with entry to the Internet. The CBS News Streaming Network is your vacation spot for breaking information, dwell occasions and authentic reporting domestically, nationally and across the globe. Launched in November 2014 as CBSN, the CBS News Streaming Network is accessible dwell in 91 nations and on 30 digital platforms and apps, in addition to on CBSNews.com and Paramount+.

Subscribe to the CBS News YouTube channel: https://youtube.com/cbsnews
Watch CBS News: https://cbsnews.com/live/
Download the CBS News app: https://cbsnews.com/mobile/
Follow CBS News on Instagram: https://instagram.com/cbsnews/
Like CBS News on Facebook: https://facebook.com/cbsnews
Follow CBS News on Twitter: https://twitter.com/cbsnews
Subscribe to our newsletters: https://cbsnews.com/newsletters/
Try Paramount+ free: https://paramountplus.com/?ftag=PPM-05-10aeh8h

For video licensing inquiries, contact: [email protected]