January Jobs Report Crushes Expectations With 304,000 New Jobs
February 01, 2019
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The economy added 304,000 jobs in January, the 100th month in a row with growth. Experts predicted only 107,000 jobs in January.
Labor force participation (LFP) is the highest it's been since 2014 at 63.2%.
Average hourly wages only grew by 0.1%, but overall it's up 3.2% from a year ago. The unemployment went up slightly from 3.9% to 4%.