January’s job report saw a gain of 200,000 nonfarm jobs, according to the U.S. Bureau of Labor Statistics’ monthly employment report. There was an increase in construction, food services and drinking places, health care and manufacturing.
Over the past three months, job gains have averaged 192,000 per month.
January’s unemployment rate remained at 4.1%, the same as December. The civilian labor force participation also remained the same as the past four months, at 62.7%.
The report found that in January, average hourly earnings for employees on private, nonfarm payrolls rose by 9 cents to $26.74. Over the year, average hourly earnings have risen by 2.9%.