WASHINGTON (MarketWatch) - The U.S. created 225,000 new jobs in January, easily beating Wall Street's forecast and reflecting the resilience of a strong U.S....
WASHINGTON - The U.S. created 225,000 new jobs in January, easily beating Wall Street's forecast and reflecting the resilience of a strong U.S. labor market. The increase in new jobs surpassed the 164,000 MarketWatch forecast. The unemployment rate inched up to 3.6% from a 50-year low of 3.5%, the government said Friday. The average wage paid to American workers, meanwhile, rose 7 cents, or 0.2%, to $28.44 an hour. The 12-month rate of hourly wage gains rose to 3.
See Full Story U.S. adds 225,000 jobs in January as hiring speeds up, unemployment rises to 3.6% The U.S. created a robust 225,000 new jobs in January to get off to a good start in 2020, reflecting surprising resilience in the labor market despite a contraction in manufacturing and softer economic growth. The unemployment rate edged up to 3.6%.
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