U.S. job gains largest in 11 months; unemployment rate rises

Enlarge this image

Although the economy is said by many market analysts to be slowing down, the month of January marked 100 months in a row of positive job creation, the longest streak on record.

The government on Friday also sharply revised down its estimates of job growth in November and December.

Non-farm payrolls grew by 304,000 in January 2019, far exceeding the 165,000 jobs expected. Sales of existing homes plunged in December and fell 3.1 percent in 2018 from the previous year.

Job growth increased broadly in January. Another issue to consider was that the ADP payrolls report had sort of tipped the hat to predict big jobs gains in January.

The furloughed workers were, however, considered unemployed on "temporary layoff" in the separate household survey from which the jobless rate is calculated.

Employment in construction and health care followed with 52,000 and 42,000 new jobs respectively. That left the annual increase in wages at 3.2 percent. The unemployment rate climbed slightly from 3.9 percent to 4.0 percent.

New Zealand media tears into England and Ireland
" England were really good, especially in the air, they cleaned up in the air and we struggled to get in the contest". I thought our intensity, particularly in the first part of the game, was outstanding.

Virginia governor refuses to resign over racist photo
Phil Murphy, the vice chair of the Democratic Governors Association who is set to take over in 2020, said Friday night on MSNBC. He also joined the faculty of his medical school, where, according to his official biography, he taught medicine and ethics.

Sarri confirms that Hazard can leave Chelsea
Chelsea are battling to finish in the top four of the Premier League this season and their form of late has been inconsistent. Hazard has developed into one of the best players in the world at Chelsea since signing from Lille seven years ago.

The rate of industry hiring came during a surprisingly robust month for overall job growth.

The strong job market, though, is encouraging more people who weren't working to begin looking. But because these workers will eventually receive back pay, they were counted as employed in the survey of businesses that produces the monthly job gain. The rate hit a 49-year low of 3.7 percent in September and remained unchanged in October and November. Today's employment report from the Bureau of Labor Statistics (BLS) will capture some of the disruption caused by the shutdown, but not all, due to differences in methodology of the two primary surveys that inform the jobs report. The unemployment rate rose to 4 percent, its highest level since June, which the Labor Department attributed to the impact of the shutdown.

With key data from the Commerce Department, including the fourth-quarter gross domestic product report, still delayed because of the government shutdown, the employment report is the strongest evidence yet that the economy remains on solid ground.

Tens of thousands of contracted federal employees that were not working during the government shutdown and are not legally entitled to compensation equal to the hours they missed may have been counted as unemployed in the DOL's numbers for January.

ADP reported private sector employment increased by 213,000 jobs in January.

"I am right now planning our first family vacation in three years", she said. We maintain that a relatively large potential supply of labor, including prime age people re-entering the workforce, will continue to drive these healthy job gains.

Related news:

Hot News

isis-killer-beheading-video-story-top Trump threatens to declare an emergency for wall money
Feb 03, 2019 - 01:59
Hammill said Trump had mischaracterized Pelosi's position, since she has proposed ways to secure the border without a wall. Pelosi has said she was open to negotiating funding for more ports of entry or additional border security technology.

isis-killer-beheading-video-story-top Kremlin set to read Guaido message, not recognize him
Feb 03, 2019 - 01:36
A sea of people can be seen flooding a kilometers-long stretch of Bolivar Avenue in downtown Caracas to listen to Maduro's speech. Maduro's statement comes as thousands are rallying in the streets of Caracas both in support of and against his government.

isis-killer-beheading-video-story-top Groundhog Day 2019: Punxsutawney Phil predicts early spring
Feb 03, 2019 - 01:09
When is Groundhog Day 2019? How can I watch Punxsutawney Phil on Groundhog Day 2019? Fans wore custom-made balloon hats as they celebrated the 133rd Groundhog Day .

isis-killer-beheading-video-story-top Premier League January transfer spending fell for first time since 2012
Feb 03, 2019 - 00:44
He hasn't won a thing, yet he feels it necessary to public criticise his players' mentalities and motivation. I needed to understand, it was so different in the first and second half.

isis-killer-beheading-video-story-top Liz Warren Quietly Apologizes To Cherokees For That DNA Test
Feb 03, 2019 - 00:42
The results found Warren had at least one Native American ancestor many generations ago. Warren's critics in the Cherokee community, for example, want a more public reckoning.

isis-killer-beheading-video-story-top U.S. special envoy for Pyongyang talks to meet counterparts from two Koreas
Feb 02, 2019 - 00:45
Trump has expressed optimism that his negotiation style will lead to a nuclear deal with the leader. In doing so, they said, Iran has at least temporarily lessened the nuclear threat.

Amazon first-quarter sales forecast misses estimates, shares down
Feb 02, 2019 - 00:40
Amazon.com delivered revenues of $72.4 billion, capping off a year in which it reported total revenues of $232.9 billion. Although its operating loss shrunk to US$642-million from US$919-million in the quarter, rules in India created concern.

isis-killer-beheading-video-story-top Unai Emery says Denis Suarez could make Arsenal debut vs Manchester City
Feb 02, 2019 - 00:40
A former Celta Vigo youth player Suarez joined City's academy in 2011 but was unable to establish himself in their first team. They are playing at home and for us it will be very hard .

isis-killer-beheading-video-story-top The INF Treaty Is Dead. Is New START Next?
Feb 02, 2019 - 00:39
Mr Rybakov said: "The United States imposed a 60-day period during which we had to fulfil their ultimatum". European Union foreign policy chief Federica Mogherini called on both sides to stick to the treaty.

isis-killer-beheading-video-story-top Duchess of Cambridge reveals Prince Louis has mastered this sweet milestone
Feb 02, 2019 - 00:36
On Thursday, Katharine McPhee posted a photo of her and Markle getting ready to perform in a musical when they were younger. Add Royal Family as an interest to stay up to date on the latest Royal Family news, video , and analysis from ABC News.

isis-killer-beheading-video-story-top Liverpool boss Klopp on Walker deleted tweet: I wouldn't have done it
Feb 02, 2019 - 00:34
Next up for the Reds is a trip to West Ham on Monday night, with a return to winning ways vital. "I can not control it". Klopp's side are five points ahead of Manchester City with 14 games to play in the Premier League title race.

isis-killer-beheading-video-story-top Mario World Later This Year for Android
Feb 02, 2019 - 00:31
The newspaper added that Nintendo has already discussed the release with suppliers and game developers. That list includes Mario Kart 8 Deluxe (15.02m), Super Mario Odyssey (13.76m), Super Smash Bros.

isis-killer-beheading-video-story-top Hudson-Odoi told he won't be sold by Chelsea before transfer deadline
Feb 01, 2019 - 02:00
Hudson-Odoi scored his second Chelsea goal on his sixth start of the season in Sunday's FA Cup fourth-round win over Sheffield Wednesday.

isis-killer-beheading-video-story-top Housekeeper trapped in elevator for 3 days gets rescued
Feb 01, 2019 - 01:56
The townhouse is owned by Warren Stephens of Little Rock-based investment bank Stephens Inc., ABC News reported . A city building inspector then slapped the billionaire couple with a violation for failure to maintain the lift.

isis-killer-beheading-video-story-top Ariana Grande's tattoo now says Japanese BBQ finger
Feb 01, 2019 - 01:40
Citing her Japanese tutor, Grande implied that extra character would reflect the tattoo's intended meaning of " 7 rings ". But followers joked and pointed out online that her tattoo actually represented a barbecue grill in Japanese .