U.S. Economy Adds 304,000 Jobs In January, Well Above Expectations

February 1, 2019

Via: TheStreet

The U.S. economy created nearly double the expected number of jobs in January, extending a robust pace set last year after President Donald Trump’s $1.5 trillion of tax cuts stimulated growth.

Nonfarm payrolls climbed by about 304,000 in January, the Department of Labor’s Bureau of Labor Statistics said in a report on Friday, Feb. 1. That level was well above economists’ average estimate of 165,000 new jobs in a survey by the data provider FactSet.

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