The US job market is showing signs of stabilization, with 130,000 jobs added in January, exceeding expectations of 55,000. The unemployment rate dipped to 4.3% from 4.4%, beating forecasts. Private sector jobs were strong, with 172,000 added, the highest in over a year. $BERA

Key drivers of job growth were:

- Health care: 137,000 jobs added

- Construction: notable additions

- Manufacturing: first monthly gain in over a year$TAKE

The Federal Reserve is likely to keep interest rates steady, given the solid job growth. Rate cuts in March now seem unlikely.$PIPPIN