Friday, the Bureau of Labor Statistics released yet another disappointing jobs report.
Employers added 113,000 jobs in January, well below the 185,000 economists expected. The unemployment rate, which is drawn from a different survey of households, was down slightly to 6.6% from 6.7% in December. The labor force participation rate ticked up to 63% from 62.8%, which was the lowest rate in more than three and a half decades. The employment-population ratio was up to 58.8% from 58.6% in the prior month. Continue reading “Jobs Report: U.S. Economy Added 113,000 Jobs In January, Unemployment Down To 6.6%”

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