The US economy added 225,000 jobs in January, as the surprisingly strong pace of hiring continues. The unemployment rate rose slightly to 3.6%.
New York , as the surprisingly strong pace of hiring continues. The unemployment rate edged slightly higher to 3.6%.
Job growth in the construction, health care, transportation and warehousing industries were particularly strong. But manufacturing jobs declined once again, continuing a months-long trend. The sector was in a downturn in the last five months of 2019, but factory activity grew in January.Economists had expected only 160,000 new jobs for January. In 2019, monthly job growth averaged 175,000.
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