Jobs

Payrolls surge by 304,000, smashing estimates despite government shutdown

2/3/19
from CNBC,
2/1/19:

Job growth in January shattered expectations, with nonfarm payrolls surging by 304,000, the Labor Department says. Economists surveyed by Dow Jones had expected payrolls to rise by 170,000. There were revisions. December's big initially reported gain of 312,000 was knocked all the way down to 222,000, while November's rose from 176,000 to 196,000. The unemployment rate ticked higher to 4 percent, a level where it had last been in June, a likely effect of the shutdown, according to the department.

More From CNBC:



365 Days Page
Comment ( 0 )
Leave a Reply
Name*
E-mail*
Comment