The economy had another robust month of job growth in January, adding 257,000 net new positions and producing the best wage gains in more than six years…
The unemployment rate ticked up to 5.7%, but that was because 703,000 more people entered the labor force, a positive sign for the jobs market…In addition to January's job growth, the Labor Department said the economy added an additional 147,000 net new jobs combined in November and December…The upward revisions mean the U.S. economy added just over 1 million net new jobs in the three months ending Jan. 30, the first time that's happened since 1997...
To read the entire BLS press release, click here.
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