US creates 353,000 jobs in January, more than expected

US creates 353,000 jobs in January, more than expected
US creates 353,000 jobs in January, more than expected
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The United States created 353,000 jobs outside the agricultural sector in January, much more than expected by analysts, according to payroll data released this Friday (2) by the Department of Labor.

The analysts’ estimate, according to the LSEG consensus, was the creation of 180 thousand jobs in the month.

The unemployment rate was 3.7% for the third month in a row, compared to an analyst consensus estimate of 3.8%.

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The number of unemployed people in the USA fell slightly, from 6.3 million to 6.1 million people.

The labor force participation rate was 62.5% in January, unchanged month-on-month.

According to the data, in January, there were employment gains in professional and business services, health care, retail trade and social assistance. Employment has declined in the mining industry and oil and gas extraction.

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In January, the average hourly wage for all employees on non-farm private payrolls increased 19 cents (0.6%) to $34.55. Over the past 12 months, average hourly earnings have increased by 4.5%.

The article is in Portuguese

Tags: creates jobs January expected

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