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Economy

“160,138,000: Record Number of Employed in January”

“The Labor Department’s Bureau of Labor Statistics says a whopping 517,000 non-farm jobs were created in January, way above estimates of 183,000.

“Job growth was widespread, led by gains in leisure and hospitality (+128,000), professional and business services (+82,000), and health care (+58,000). Employment also increased in government (+74,000), partially reflecting the return of workers from a strike,” BLS said.

In another headline number, the unemployment rate dropped a tenth of a point to 3.4 percent — after remaining in the 3.5-3.7 percent range since March…”

https://www.cnsnews.com/article/national/susan-jones/160138000-record-number-employed-january

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