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.
Inside the coming battle over Virginia’s abortion ballot referendum
Iowa woman died following hernia repair after nurses dismissed painful post-surgery symptoms: lawsuit
Shooting during party at Oklahoma’s Arcadia Lake leaves at least 10 wounded, police say
Marco Rubio spotted behind DJ booth at family wedding as social media reacts to viral clip
Breaking: Rudy Giuliani in ‘Critical Condition’ at Florida Hospital
Rudy Giuliani hospitalized in critical but stable condition: ‘He’s fighting’
Man accused of biting infant during erratic dash through businesses before restaurant arrest
Breaking: After Attack of Cargo Vessel, Trump Directs US to Escort Foreign Ships Through Hormuz
Supreme Court Declines to Make Ruling in Case of ‘Socially Transitioned’ Florida Child
Company Orders Recall of Chocolate Sold Nationwide After Potentially Dangerous Ingredient Included
Latest Trump assassination attempt exposes ‘educated assassins’ moral crisis, university president says
ATF to Bring Back Sanity and Reject ‘Gender Identity’ on Gun Background Checks
Ridglan Farms beagles begin leaving Wisconsin facility after rescue groups strike deal for release
Christian School Wins Enormous Settlement After Its Team Refuses to Face Team With ‘Trans’ Player
The Democrats who are scrambling after Florida passed DeSantis’s map gerrymander
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.
