A Strong January Employment Report
Abrigo
FEBRUARY 7, 2020
This morning’s Employment Situation report from the Bureau of Labor Statistics showed decent strength in labor markets. In January, there were 225,000 new jobs added, significantly higher than the 161,000 jobs predicted. The headline unemployment number (U3), which was expected to remain unchanged, ticked up one-tenth to 3.6%. Job gains were strongest in construction, health care, and transportation and warehousing.
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