The U.S. added 467,000 jobs in January and the unemployment rate rose to 4% as the economy weathered the Omicron variant of Covid-19 and staffing shortages WSJWhatsNow
and the jobless rate rose to 4% as the economy weathered the Omicron wave and staffing shortages, the Labor Department said Friday.
The Labor Department separately revised payrolls totals upward for late last year, showing more than 700,000 jobs were created in November and December than previously reported. Last month’s jump in employment left the economy with 2.9 million fewer jobs than in February 2020, the month before the pandemic hit the U.S. labor market.
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U.S. Added Back 467,000 New Jobs In January—But Unemployment Rate Ticked Up To 4%Despite a record wave of Covid-19 cases, the job market performed much better than economists expected in January.
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US employers shrug off omicron, add 467,000 jobs in JanuaryWASHINGTON (AP) — U.S. employers added a burst of 467,000 jobs in January despite a wave of omicron inflections that sickened millions of workers, kept many consumers at home and left businesses from restaurants to manufacturers short-staffed.
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US employers shrug off omicron, add 467,000 jobs in JanuaryU.S. employers stepped up hiring in January, adding 467,000 jobs despite a wave of omicron inflections that sickened millions of workers, kept many consumers at home and left businesses from restaurants to manufacturers short-staffed
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Payrolls Gain 467,000 in January Despite Omicron SurgeNonfarm payrolls were expected to increase 150,000 in January, according to economists surveyed by Dow Jones.
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