Latest News
January 1, Report: Employers Added 467K Jobs Last Month
The January jobs report showed surprisingly robust numbers, with employers adding 467,000 jobs last month.
Some of the categories that saw the biggest gains have strong seasonal patterns, typically adding temporary employees in the fall and cutting them in January.
But amid an ongoing labor shortage, employers appear to have held onto those workers.
Leisure and hospitality added 151,000 jobs; retail added 61,000; transportation and warehousing added 54,000.
Average hourly earnings rose 0.7%, up 5.7% over the last year.
Despite the gains, the report said that 6 million people couldn’t work because their employers were closed or lost business due to the pandemic.
“This unemployment report is incredible. Wow. Had the prior relationship between Covid cases and employment held true, 800k daily new Covid cases would have led to 2.3 million job losses,” Julia Pollak, chief economist at ZipRecruiter, tweeted. “Instead, we saw 467,000 job GAINS!”
Source:
Payrolls show surprisingly powerful gain of 467,000 in January despite omicron surge
-
Entertainment4 months ago‘He’s A Pr*ck And F*cking Hates Republicans’: Megyn Kelly Goes Off on Don Lemon
-
Entertainment9 months agoWhoopi Goldberg’s “Wildly Inappropriate” Commentary Forces “The View” into Unscheduled Commercial Break
-
Entertainment8 months agoLate Night Host is Getting Canceled After Staffers Speak Out
-
Entertainment3 months agoBeach Boys Founder Brian Wilson Announces Tragic News
-
Featured8 months agoUS Advises Citizens to Leave This Country ASAP
-
Entertainment2 months agoComedy Mourns Legend Richard Lewis: A Heartfelt Farewell
-
Featured8 months agoBenghazi Hero: Hillary Clinton is “One of the Most Disgusting Humans on Earth”
-
Latest News2 months agoSupreme Court Gift: Trump’s Trial Delayed, Election Interference Allegations Linger