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The American labor market unleashed a burst of hiring in January, producing another wave of robust job growth even as interest rates continue to rise.
Employers added 517,000 jobs on a seasonally adjusted basis, the Labor Department said on Friday, an increase from 260,000 in December.
Underscoring the labor market’s extraordinary vibrancy was the unemployment rate, which fell to 3.4 percent, the lowest since 1969.
https://www.nytimes.com/live/2023/02/03/business/jobs-report-january-economy
Employers added 517,000 jobs on a seasonally adjusted basis, the Labor Department said on Friday, an increase from 260,000 in December.
Underscoring the labor market’s extraordinary vibrancy was the unemployment rate, which fell to 3.4 percent, the lowest since 1969.
https://www.nytimes.com/live/2023/02/03/business/jobs-report-january-economy