3 Feb 2023 6:30 pm
517,000 jobs created.
Lowest unemployment rate since 1969.
Looks like the senile old man is doing a pretty good job.
Lowest unemployment rate since 1969.
- The January jobs report showed nonfarm payrolls increased by 517,000, far higher than the 187,000 market estimate.
- The unemployment rate fell to 3.4% versus the estimate for 3.6%. That is the lowest jobless level since May 1969.
- Leisure and hospitality added 128,000 jobs to lead all sectors.
Looks like the senile old man is doing a pretty good job.