The U.S. added 200,000 jobs in January, continuing the trend of steady job growth for another month, the Bureau of Labor Statistics reported on Friday.
That means the economy has now added jobs for 88 months in a row. Average hourly earnings rose by 9 cents to $26.74, with a year-over-year growth of 2.9 percent — the highest rate of growth the BLS recorded since June 2009.
The rise in employment was driven by the construction industry, restaurants, health care and manufacturing, all sectors that added jobs last month.
PEDCO Team : The people of Pueblo came together in 1981 and formed PEDCO. Business people, large and small, and individuals dug into their pockets to find money to support PEDCO and its economic development efforts. They also gave of their time, available at a moment’s notice to talk to interested companies.
In 1984, Pueblo’s citizens voted to tax themselves to support economic development. The citizens continue to keep that half-cent sales tax in place. PEDCO uses the money for economic development incentives, funding certain capital projects and equipment purchases for new and expanding businesses.
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U.S. Economy Added 200,000 Jobs In January; Wages Rose
U.S. Economy Added 200,000 Jobs In January; Wages Rose
The U.S. added 200,000 jobs in January, continuing the trend of steady job growth for another month, the Bureau of Labor Statistics reported on Friday.
That means the economy has now added jobs for 88 months in a row. Average hourly earnings rose by 9 cents to $26.74, with a year-over-year growth of 2.9 percent — the highest rate of growth the BLS recorded since June 2009.
The rise in employment was driven by the construction industry, restaurants, health care and manufacturing, all sectors that added jobs last month.
NPR has the full article.
Author
PEDCO Team : The people of Pueblo came together in 1981 and formed PEDCO. Business people, large and small, and individuals dug into their pockets to find money to support PEDCO and its economic development efforts. They also gave of their time, available at a moment’s notice to talk to interested companies. In 1984, Pueblo’s citizens voted to tax themselves to support economic development. The citizens continue to keep that half-cent sales tax in place. PEDCO uses the money for economic development incentives, funding certain capital projects and equipment purchases for new and expanding businesses.
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