January Jobs Report: U.S. Economy Starts 2020 With 225,000 New Jobs

London Mayor Ed Holder

There were more than 15,000 new construction jobs added during the month, and 20,500 new manufacturing ones.

"The blistering pace of hiring seen in Canada between late-2018 and mid-2019 has faded, but today's data suggest the labour market is far from grinding to a halt", RBC senior economist Josh Nye said in a note to investors. In the past year, wages have gone up $1.73/hour (6.4%) and have increased $3.43/hour (13.5%) over the life of our government.

187,000 jobs, 3.5% unemployment, 3% annual wage gain "A stronger-than-consensus increase in jobs, as we expect, would support the risk-on movement in markets, following other stronger USA data releases this week such as ISM manufacturing", economist Veronica Clark wrote.

Initial jobless claims declined by 15,000 to 202,000 in the week ending February 1, the U.S. Department of Labor announced Thursday. Economists polled by Reuters had forecast payrolls would rise by 160,000 jobs in January. Some said the unusually warm weather was likely throwing off the model the government uses to strip out seasonal fluctuations from the data, juicing the numbers. The Federal Reserve on Friday flagged the coronavirus as a risk to the USA economy.

Birds of Prey being renamed after box office woes
The rest of the film is exclusively just about Harley Quinn which may disappoint some that like the other comic book characters. Sony's Jumanji: The Next Level held strong at #5 with $5.5 million for a $298.4 million domestic take just shy of $300 million.

The gain in jobs for the month came as the number of full-time jobs rose by 35,700, while part-time employment fell by 1,200. The department says about a half million fewer jobs were added between the spring of 2018 and the spring of 2019 than initially reported. It may also complicate the argument his Democratic presidential rivals are making that the economy isn't benefiting everyday Americans.

In January, construction employment rose by 44,000, healthcare added 36,000 jobs, while transportation and warehousing added 28,000 jobs. The unemployment rate is calculated from the household survey. The so-called "real" unemployment rate, which factors in those out of the workforce and those who are underemployed, increased 0.2% to 6.9%.

Stephen Moore, a senior fellow at the Heritage Foundation and economic consultant with FreedomWorks, said that from January 2009 to December 2016, almost 10 million jobs were added to the economy, yet 1.6 million working-age adults left the workforce. For women veterans, the rate was 3.2%, compared to 1.9% in December, BLS said.

Related News:

Most liked

The secret meaning behind Natalie Portman's Oscars look
Rock replied: "Vaginas?" - a jab at the Academy for not including any female directors in the year's Best Director category. Some pointed out that Billie Eilish and Martin Scorsese appeared to be confused and/or exhausted during the performance.

Federer, Nadal shatter attendance record in 'Match in Africa'
Nadal has a 14-10 advantage over Federer in the final, leads 10-4 in his meetings at Grand Slams and 24-16 in his career matches. Both Nadal and Federer are expected to play at the first ATP Masters 1000 tournament of the year at Indian Wells.

LeBron James chimes in on Gayle King-Lisa Leslie controversy
Gayle's BFF, Oprah Winfrey , was one of the first to defend her. There will be intense discussion about that". Oprah Winfrey is now coming to her aid.

U.S. to Screen Airline Passengers from China for New Illness
The Department of Health (DOH) is now observing the condition of a Chinese boy in Cebu City after showing symptoms of coronavirus. Most cases have been linked to the Wuhan South China Seafood City, suggesting a possible zoonotic origin to the outbreak.

Djokovic takes aim at Federer's Slams, ranking record
Looking down and nearly out against Thiem after the third set, he dug deep and stormed back, aided by his early hardship in life. Novak Djokovic's eighth Australian Open title set the tone for what is likely to be a historic season in men's tennis.

US deploys 'more survivable' submarine-launched low-yield nuclear weapon
In fact, Moscow possesses a stockpile of up to 2,000 active NSNWs that it can employ using ships, planes, and ground forces. A new type of low-yield #Nuclear missile has joined the US #Military undersea arsenal, the @DeptofDefense confirmed.

Premier League clubs vote to change summer transfer window deadline
Accordingly, the next transfer window will close at 5pm BST (1600 GMT) on Sept 1, because Aug 31 is a United Kingdom bank holiday. Premier League clubs have voted to push England 's summer transfer window deadline back to September 1 for the 2020-21 season.

Turkey Expects Russia To Immediately Stop Syrian Regime Attacks In Idlib
The White Helmets civil defence group said 15 civilians were killed after air strikes targeted Idlib's city centre and villages. These forces are now eight kilometres far from the heart of the last stronghold of Syrian opposition forces.

Jose Mourinho names Harry Kane's expected Tottenham return date
We were not controlling the game in a back five so had to change and he was the one to come out, that's football. I'm not speaking just about Harry Kane , I'm speaking about injuries to Giovani lo Celso and Erik Lamela.

Lionel Messi tells Eric Abidal to 'give names' when criticising Barcelona players
Barca's next outing is set to see them take in a trip to Bilbao to face Athletic in the quarter-finals of the Copa del Rey . We want a strong team with a good everyday feeling and above all we want to win titles.

Police arrest two West Ham fans for alleged homophobic sports gestures
Anyone who can assist the investigation is asked to call 020 8246 9386 or contact Crimestoppers anonymously on 0800 555 111. Anyone who witnessed the incident or can provide detectives with video footage is urged to come forward.

Pete Rose asks for reinstatement, citing Houston Astros' sign-stealing scandal
The Hall of Fame has a rule stipulating that any player on MLB's ineligible list can not appear on a ballot for induction. Rose, pictured in a September 11, 1985 game when he broke Ty Cobb's all-time hits record with No. 4,192.

EU, France insist on fishing rights in post-Brexit talks with UK
Liz Truss was in characteristically tub-thumping form as she revealed plans for Britain's autonomous new trade policy post-Brexit. Many people are already exploring how to buy Bitcoin to hedge in the volatility in traditional assets.

China accuses United States of spreading fear with coronavirus response
The amount represents approximately 5 percent of tourism-generated participation in Italy's gross domestic product. Australia evacuated 243 people from Wuhan on Monday and will quarantine them on a remote island.

Wisconsin confirms 1st case of new virus from China
The Wisconsin Department of Health Services has announced that four new patients have been tested for the Wuhan coronavirus. State health officer Jeanne Ayers said the risk to the general public in Wisconsin is "very low".