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.
Coast Guard releases new photos of sailboat seized in missing American’s Bahamas disappearance case
Auburn grad who just landed dream job allegedly shot and killed by boyfriend’s father in Alabama
Hero Principal Gives Credit Where It’s Due: ‘I Think God’s Hand Was on All of Us’
Airlines Seek Federal Bailouts Following Spirit Airlines Shutdown as Fuel Prices Rise
Key China-Iran infrastructure exposes critical hole in Trump’s war strategy
Xi gifts Trump Chinese rose seeds, on top of new ammo for White House ballroom
Are Marco Rubio’s 2028 presidential prospects on the rise?
Adverse court rulings slow, and may stop, House Democrats’ march to the majority
Trump wraps widely-watched trip to China, departing on Air Force One after high-stakes Xi meeting
Ugandan Evangelist Killed by Suspected Muslims After Sharing the Gospel
Israel, Jews targeted worldwide as well-funded leftist, Islamist groups join for ‘Nakba 78’ protests
This Midwestern state leads the nation in home foreclosures as US filings jump by 26%
Marine Vet Stops Gunman’s 60-Round Shooting Spree: Thankfully He Had a Concealed Carry Permit
Momentum builds to pass bill after Jack Smith’s secret Arctic Frost subpoenas
Bronx man convicted of running secret Chinese police station in Manhattan used to monitor dissidents
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.
