In the News

Job Report in US, January 2018 – Employment increased by 200,000, unemployment rate was unchanged and hourly earnings up by 2.9 percent

Total nonfarm payroll employment increased by 200,000 in January, and the unemployment rate was unchanged at 4.1 percent, the U.S. Bureau of Labor Statistics reported today.

Employment continued to trend up in construction, food services and drinking places, health care, and manufacturing.

Household Survey Data

In January, the unemployment rate was 4.1 percent for the fourth consecutive month. The number of unemployed persons, at 6.7 million, changed little over the month. (See table A-1. For information about annual population adjustments to the household survey
estimates, see the note at the end of this news release and tables B and C.)

 

 

 

 

 

In January, average hourly earnings for all employees on private nonfarm payrolls rose by 9 cents to $26.74, following an 11-cent gain in December. Over the year, average hourly earnings have risen by 75 cents, or 2.9 percent. Average hourly earnings of private-sector production and nonsupervisory employees increased by 3 cents to $22.34 in January.

Chosen excerpts by Job Market Monitor. Read the whole story at  Employment Situation Summary 

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