U.S. Labor Market Surges with 353,000 New Jobs in January, Crushing Expectations In January, the U.S. economy showcased its resilience by adding 353,000 jobs, significantly surpassing the Dow Jones estimate of 185,000. Meanwhile, the unemployment rate remained steady at 3.7%, defying expectations of a rise to 3.8%. Remarkably, average hourly earnings surged by 0.6% for the month, doubling the forecast and indicating a year-over-year wage increase of 4.5%, which outpaced the predicted 4.1%. The expansion in employment was broad-based, with professional and business services, health care, and retail trade leading the contributions. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Buy gold or gold miners? You don’t have to dig deep to hit paydirt. READ MORE Investing in Canadian Gold Coins: A Comprehensive Guide for 2024 READ MORE Record-Breaking Rally: Gold Prices Soar on Economic Easing and Safe-Haven Demand READ MORE The Elite's Escape Plan: Inside the Billionaire Bunker Boom READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment