Big US jobs rise in January surprises again

BBC News    Translate This Article
4 February 2024

On 4 February 2024 BBC News reported: Job creation in the US surged in January, as the economy continued to defy predictions of a slowdown. Global Good News service views this news as a sign of rising positivity in the field of business, documenting the growth of life-supporting, evolutionary trends.

Employers added 353,000 jobs and average hourly pay jumped, while the unemployment rate held steady at 3.7 percent, the Labor Department said.

The report extended a streak of job gains that has surprised economists, who have expected a jump in interest rates since 2022 to slow the economy.

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