Finance News Opinons Politics

U.S. Economy Created 225,000 Jobs in January

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.


Breaking: Kimmel Booted from Air Over Kirk Comments, ABC to ‘Replace the Show with Other Programming’
Alert: Multiple Officers Down in PA Shooting, Mexican Consulate Issues Strange Message Immediately After
ABC pulls Jimmy Kimmel indefinitely following Charlie Kirk comments
Pastor: Charlie Kirk’s graphic death was ‘traumatic’ as many Americans reconcile with loss
The Hitchhiker’s Guide to the gambits to avoid a government shutdown over the next few days
Federal Reserve Finally Cuts Interest Rates, Signals It’s Just the Beginning
Charlie Kirk Told Off Donors Who Wanted Him to ‘Keep the Jesus Stuff Out of It,’ Mentor Reveals
Multiple officers involved in Pennsylvania shooting as governor rushes to York County scene
Menendez brothers’ bid for new trial rejected as killer slams judge’s decision as ‘mental gymnastics’
UK government left impotent by courts blocking deportation of illegal migrants
Incredible Reagan campaign relic for sale: $235,000
Newsom dials the rhetoric back up: ‘We’ll lose this democracy’
FLASHBACK: Mamdani labeled Kirk a ‘far-right extremist’ who should be canceled from speaking in NYC
95-Year-Old Woman Charged with Murder After Nursing Home Death
‘We Do Not Teach Victimhood’: Georgia Mentor Teaches Boys About Manhood

See also  Charlie Kirk assassination puts conservative youth movement at a turning point

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.

Share this article:
Share on Facebook
Facebook
Tweet about this on Twitter
Twitter