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.
Ilhan Omar calls Trump an ‘unhinged lunatic,’ urges booting him out of office
Republicans Hold Historic Advantage Over Democrats As Midterms Approach, Says CNN Data Guru
Trump-backed candidate aims to pad GOP’s fragile House majority battle in showdown for MTG’s seat
Israel issues ‘urgent’ warning to Iranian civilians to ‘refrain’ from train travel
Obama Center takes heat as critics cry foul over ID rules for free entry — while Dems blast voter ID laws
Watch: Hegseth Describes Pilot’s Miraculous Easter Rescue in Terms the Godless Biden Admin Wouldn’t Dare Utter
New poll reveals Spanberger’s popularity is plummeting amid backlash over gerrymandering
Mamdani unveils new ‘racial equity plan’ for more ‘equitable future’ that prompts quick DOJ pushback
Bald-headed killer smiles as prosecutors reveal what she did before dad walked in
Tim Walz-Appointed Judge Throws Out All Charges Against Woman Accused of Interrupting Easter Service
AI-backed super PAC expands into multiple GOP primaries after claiming early wins
Trump roasts Biden over autopen use in viral interaction with kids at White House Easter Egg Roll
Repeat offender with 19 felonies busted after wild caught-on-camera chase: police
Trump Says Media Leak Jeopardized Iran Rescue, Threatens Reporter with Jail
Finally: Thanks to Pete Hegseth, American Servicemen Are No Longer Sitting Ducks on Their Own Bases
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.
