PANews reported on February 28 that according to Jinshi, S&P Global Market Intelligence said that next Friday's US monthly employment report (including non-farm payrolls) will provide the latest clues about the strength of the labor market. Although the January data showed that job growth was lower than expected, it also showed that the unemployment rate fell from 4.1% to 4.0%, and wage growth rose from 3.8% to 4.1%. Therefore, the labor data is generally believed to support the Fed's shift to slowing the pace of interest rate cuts this year, "although more signs need to be waited for to show how the economy has been since the presidential election."