Comments on January Employment Report

The headline jobs number was above consensus expectations at 200 thousand, however the previously two months were revised down a combined 24 thousand.  Overall this was a strong report, with a nice pickup in wage growth. Earlier: January Employment Report: 200,000 Jobs Added, 4.1% Unemployment Rate In January, the year-over-year employment change was 2.114 million jobs. This has been generally trending down, but is still solid year-over-year growth. Average Hourly Earnings Click on graph for larger image. This graph is based on "Average Hourly Earnings" from the Current Employment......(read more)

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