January NFP +257,000

The jobs numbers are out. The U.S. economy created 257,000 net new jobs last month. The private sector created 267,000 jobs. The revisions for November and December added 147,000 jobs. That’s huge.

The unemployment rate rose to 5.7%. Average hourly earnings rose 0.5% which is the biggest increase since November 2008.

Here’s a chart of NFP over the last 20 years:

Posted by on February 6th, 2015 at 8:33 am


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