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.
Biden judge torches Trump ICE crackdown as ‘devoid of rational explanation,’ nukes courthouse arrest policy
Letitia James fumes as Mamdani-backed socialists sweep New York primaries
Trump Suddenly Cancels Housing Bill Signing with Minutes to Spare, Demands SAVE America Act on His Desk
US Mint to produce limited-edition July 4 quarters for America 250
Trump declares ‘national emergency,’ demands housing overhaul bill be scrapped in SAVE Act push
What to know about Trump’s Great American State Fair kick-off rally
DEI Exec Fired After Getting Caught on Camera Allegedly Stealing at Knicks Championship Parade
Stephen A. Smith questions why activists are still defending Karmelo Anthony after guilty verdict
Bill Gates’ Epstein Testimony Released – Humiliating Revelations, Chilling Russian Connections
Trump admin unveils 11-foot-tall, AI-designed nuclear test flight vehicle at the Great American State Fair
Breaking: US Airstrike Kills Senior ISIS Leader in Northwest Syria
Dems rattled after progressive wave sweeps New York primaries and more top headlines
Trump to kick off Great American State Fair as 250th anniversary celebrations take over National Mall
Blue state shield laws allowed 330K abortion pills to be sent to abortion ban states, pro-life group finds
Antifa leaders panic after DOJ pursues conspiracy charges against Minnesota operatives
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.
