U.S. added 143,000 jobs in January, unemployment gets close to historic lows
President Donald Trump's version of America added quite a bit of jobs, but it was actually lower than predicted. However, the unemployment rate dropped to 4%, getting close to a historic low, which is still a victory for Americans. A syndicated news article stated:
The U.S. added 143,000 jobs in January, fewer than economists expected, but the unemployment rate inched down to 4% from 4.1%, beating forecasts and still near historic lows.Forecasters surveyed by Dow Jones had anticipated 169,000 payroll gains in January, after a blowout 307,000 jump in December, according to revised tallies. The numbers released Friday by the Bureau of Labor Statistics include routine annual data adjustments, in which November and December payroll levels were revised up by a combined 100,000.