The U.S. economy added 225,000 jobs in January and the unemployment rate ticked up to 3.6.
Economists had expected the economy to add 160,000 jobs. December’s figure was revised up from 145,000 to 147,000.
The unemployment rate edged up because the labor force participation rate increased, meaning the strong labor market drew more people into the workforce. The participation rate rose to 63.4 percent in January, the best rate since the last recession.
The employment to population ratio for prime age workers rose to 80.6 percent, the highest since 2001.
Republicans blast Democrats’ Trump election meddling claims as hypocritical ‘conspiracy theory’
Mounds of Snow and Trash Are Just the Opening Act of Mamdani’s Collectivist New York
Who is Kyle Wagner? Meet the self-identified Antifa member arrested after targeting ICE
Maryland Man Charged with Attempting to Murder Trump Administration Official
Suicide bomber kills dozens at Shiite mosque in Pakistan
Benghazi terror suspect extradited to face US charges
It’s AOC’s Party Now: Bernie-Backed Far-Leftist Could Win Dem Nomination to Replace ‘Moderate’ Sherrill in NJ
12 Minneapolis anti-ICE agitators arrested after massive crowd gathers outside Hilton hotel
First Nancy Guthrie Ransom Note Deadline Expires: ‘Do the Right Thing’
Shapiro fires back at DHS, says truck driver accused in deadly crash had legal status in database
RNC rolls out ‘powerful’ new TikTok strategy to win over key demographic after Trump’s 2024 success
‘Not Alaska First’: Peltola’s Green New Deal allies draw scrutiny in Alaska Senate bid
Hegseth says US strikes force some cartel leaders to halt drug operations
Can the late shah’s son sell the Trump administration on leading a postcleric regime in Iran?
Proposed California ‘wealth tax’ may backfire on liberal politicians as state’s revenue base dries up
The Department of Labor said that notable job gains occurred in construction, in health care, and in transportation and warehousing. Construction employment was up by 44,000, which likely reflected the unusually warm weather in much of the country during the month.
Manufacturing remained in slump territory, losing 12,000 positions for the month and remaining essentially unchanged year over year.
Average hourly earnings for all employees on private nonfarm payrolls rose by 7 cents to $28.44. Over the past 12 months, average hourly earnings have increased by 3.1 percent.
Story cited here.
