Submitted by Mark Hanna
Courtesy of MarketMontage. View original post here.
December more or less in line. Healthcare +45,000, food service +38,000, construction +30,000. Healthcare continues to be the nexus of almost all job creation the past two decades, as education has slowed down.
Revisions previous two months updates 20,000.
Rate increased 0.1% as labor force participation rate flat at 63.6%.
The main upside is hourly earnings up 0.3%. Average hours up 0.1.
Not much new here. Economy is providing enough jobs to offset population growth, and incredibly low participation rate continues to suppress the unemployment rate.
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