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.
CNN Analyst Breaks Down the Numbers for Dems, Reveals Their Own Voters Can’t Stand Them
Blue States Scrambling to Circumvent SCOTUS Ruling, Save Censorship of Gender Counseling
Billboard trolling Dale Warner goes viral after his murder conviction in wife Dee’s case
Watch: Inept Texas Judge Blasted After Camera Catches Him Cursing Kind Computer Tech – Now His Nasty Emails Demanding Respect Have Leaked, Too
One of a Kind Video: Kid Rock Uses Apache Hovering Behind His House to Torment Gavin Newsom
Tax day is next week: Avoid these 5 common mistakes that can cost you money
Trump admin urges restoring ballroom construction in emergency motion: ‘Time is of the essence’
Philadelphia man stabs Planet Fitness worker after getting banned from gym: police
Inside the daring rescue of airman behind enemy lines: How CIA assisted with ‘deception campaign’
Trump Admin to Investigate School District Accused of Putting Girls in Danger Over ‘Gender Identity’ Policy
Ex-Fox News Regular Suggests Trump’s US Is Beginning to Mirror North Korea
Trump vows US will strike Iran’s power plants, bridges if Strait of Hormuz is not reopened
Art heist targeting million-dollar masterpieces exposes blind spots in museum defenses, expert warns
Federal judge blocks Trump push to collect race-based admissions data
Scott Jennings Mocks Dems Over Radical ‘No Kings’ Rallies
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.
