The downside of the report indicates fewer jobs created for the month, coming in at 151,000. This is against steady growth over the past few months coming in at above 200,000 per month.
And now let’s look at the upside:
First the winning growth categories for the month include; retail with 58,000 jobs, food services with 47,000 jobs and healthcare with 37,000 jobs. Manufacturing added 29,000...
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January 2014 Jobs Report
The U.S. economy added 113,000 jobs in January 2014, a small improvement over the results of December 2013. The number of jobs created fell well below forecasters’ predictions of 185,000 jobs. Despite this number there is good news in today’s data release, along with other factors that has encouraged the major financial markets.
The national unemployment rate dropped from 6.7% to 6.6%, the lowest...
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