Economists are feeling a degree of uncertainty over key workforce data for January as the unknown impacts of the Omicron COVID-19 variant outbreak hit economic indicators.
The jobs market has been bouncing back robustly after the 2021 Delta variant lockdowns ended, causing the jobless rate to slump to a 13-year low of 4.2 percent. Nevertheless, economists think there are still some ways to go before the unemployment rate achieves the level predicted by authorities.