Connecting to LinkedIn...


US created 227,000 jobs in January

The US generated 227,000 new jobs in January to mark the biggest gain in four months. 


The unemployment rate rose to 4.8%, the US government said Friday.


Average wages rose 0.1% to $26 an hour, while hourly pay increased 2.5% from January 2015 to January 2016, down from 2.8% in the prior month.


Hours worked was unchanged at 34.4 after December's figure was revised up slightly. Combined employment gains for December and November, meanwhile, were 39,000 lower than previously reported. 


The government said 157,000 new jobs were created in December instead of 156,000. November's increase was chopped to 164,000 from 204,000.


Image courtesy of Pixabay

Articles similar to US

Articles similar to jobs