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Economy Gains 304,000 Jobs in January; Unemployment Rises to 4%
… The U.S. economy gained 304,000 jobs in January, and the unemployment rate rose to 4%, according to figures released this morning by the U.S. Bureau of Labor Statistics. Wage growth of 3.2% is positive … 4.7% in wage growth, while in manufacturing wages only rose 2.4%. The Federal Reserve's Open Market Committee made the right decision to hold back on further rate increases. … In response to the January job numbers, AFL-CIO Chief Economist … 1, 2019 #JobsReport in the broadest measure of unemployment (U-6 including part-time workers who wanted full-time work) jumped up to 8.1%. Suggesting some private contract workers got reduced hours instead of being totally laid off during …