Replies to Msg. #917065
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 Msg. #  Subject Posted by    Board    Date   
08786 Re: Employment Report Shines Brightly- Jan 2009 jobs report vs. today.
   He saved your way of life. Here's what the January 2009 jobs report...
zzstar   FFFT3   07 Feb 2015
3:54 AM
08768 Re: Employment Report Shines Brightly
   Go Obama!
zzstar   FFFT3   06 Feb 2015
8:23 PM

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Employment Report Shines Brightly

By: killthecat in FFFT3
Fri, 06 Feb 15 8:21 PM
Msg. 08767 of 65535
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WASHINGTON — U.S. employers added a vigorous 257,000 jobs in January, and wages jumped by the most in six years — evidence that the job market is accelerating closer to full health.

The surprisingly robust report the government issued Friday also showed that hiring was far stronger in November and December than it had previously estimated. Employers added 414,000 jobs in November — the most in 17 years. Job growth in December was revised sharply up to 329,000 from 252,000.

Average hourly wages soared 12 cents in January to $24.75, the sharpest gain since 2008. Over the past 12 months, hourly pay, which has long been stagnant, has now risen 2.2 percent. That is ahead of inflation, which rose just 0.7 percent in 2014.

The unemployment rate last month rose to 5.7 percent from 5.6 percent. But that occurred for a good reason: More than 1 million Americans — the most since January 2000 — began looking for jobs, though not all of them found work, and their numbers swelled the number of people counted as unemployed. An influx of job hunters suggests that Americans have grown more confident about their prospects.