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.
Another Democrat exits California’s crowded gubernatorial race weeks before the June 2 primary election
Chinese national arrested at JFK after allegedly photographing US military aircraft at Nebraska base
Louisiana Mass Murderer Who Killed 8 Children Previously Got Probation for Firing Gun Toward a School: Report
Mom, pregnant teen and 12-year-old found bound and murdered as police hunt multiple suspects
Cory Booker Calls for ‘Foot Soldiers’ to Take to the Streets to ‘Stand Up’ Against ‘Darkness’ in Bizarre Rant
IDF Takes Quick Action After Soldier Caught Smashing Statue of Jesus in Lebanon
Soros-linked dark money network fuels Virginia redistricting push backed by national Democrats
Republicans Are Banking on ‘October Surprise’ to Keep Senate Majority: Report
GOP blasts Virginia amendment as maps could swing delegation to 10-1 Democratic advantage
Lawyer for American detained in Iran says hostage deal is ‘easiest problem on the table’ for both sides
A look into the controversies surrounding the now-former secretary of labor
WATCH: Cory Booker unleashes fiery call for ‘foot soldiers’ at Michigan Dem conference
Leaked memos reveal how Supreme Court steamrolled Obama climate plan in 2016 showdown
How did Michigan’s Democratic convention change major state races?
Scandal-plagued Lori Chavez-DeRemer resigns as Trump labor secretary
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.
