Cart

0

Economy

“January adds a much stronger-than-expected 225,000 jobs, with a boost from warm weather”

“The unemployment rate ticked higher to 3.6%, but for the right reason as the labor force participation rate increased 0.2 percentage points to 63.4%, matching its highest level since June 2013, according to data released Friday by the Labor Department…

There was more good news for workers: Average hourly earnings rose 3.1% over a year ago to $28.44, ahead of estimates for 3% growth. That marked 18 consecutive months of wage gains above 3%, as the initially reported 2.9% for December was revised up to 3%…”

https://www.cnbc.com/2020/02/07/us-nonfarm-payrolls-january-2019.html

Leave a Reply