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.
Authors of new Trump book reveal his health is the one mystery they couldn’t crack
Ultra-Orthodox Jews become political football for Netanyahu
Former SLED investigator who testified at Alex Murdaugh trial fired from Charleston County Sheriff’s Office
Senators unveil bipartisan bill to safeguard children from AI chatbots
Brooklyn coffee shop that targeted Jewish congressman faces DOJ probe after reported tax, health code issues
Nearby Residents Told to Stay Inside as Semi Carrying Millions of Bees Overturns
Senate Schedule Rearranged as Mitch McConnell Is Set to Miss Another Full Week of Voting
Republicans break with Trump to rebuke Iran war — but it won’t change policy
DHS demands New York sanctuary politicians honor detainer for man convicted of raping corpse on subway
Marjorie Taylor Greene follows Tucker Carlson in ditching the ‘America Last’ Republican Party
Iranian leaders project newfound confidence with international travel spree
Top Republican pitches Trump plan to stop shutdowns, expose ‘bad guys’ blocking voter ID law
Cruz says Mamdani, AOC, Platner show Democrats’ leftward shift: ‘That’s where the energy is’
Social media erupts over Mamdani’s silence after Brooklyn coffee shop bans Jewish congressman
MLB Issues Unexpected Response on Players With Bible Verses on Uniforms, Says They Will Never Be Fined
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.
