BLOWOUT! JOBS SOAR WAGES ACCELERATE!

View this post on Instagram

🇺🇸🇺🇸🇺🇸 The U.S. economy added 225,000 jobs in January and the unemployment rate ticked up to 3.6. Economists had expected the economy to add 160,000 jobs. December’s figure was revised up from 145,000 to 147,000. The unemployment rate edged up because the labor force participation rate increased, meaning the strong labor market drew more people into the workforce. The participation rate rose to 63.4 percent in January, the best rate since the last recession. The employment to population ratio for prime age workers rose to 80.6 percent, the highest since 2001. The Department of Labor said that notable job gains occurred in construction, in health care, and in transportation and warehousing. Construction employment was up by 44,000, which likely reflected the unusually warm weather in much of the country during the month. Manufacturing remained in slump territory, losing 12,000 positions for the month and remaining essentially unchanged year over year. Average hourly earnings for all employees on private nonfarm payrolls rose by 7 cents to $28.44. Over the past 12 months, average hourly earnings have increased by 3.1 percent.

A post shared by Breitbart (@wearebreitbart) on Feb 7, 2020 at 9:14am PST

View this post on Instagram

BREAKING: U.S. hiring topped expectations in January, as the economy added 225,000 jobs, beginning the decade on a stronger-than-expected note. The final payroll number of 2019 surged past the estimate of 160,000 from economists surveyed by Refinitiv, who also saw the unemployment rate holding steady from December's 3.5 percent. It marks the 112th month of straight gains. Unemployment ticked up slightly to 3.6 percent, as more people were looking for work, the Labor Department said Friday. The labor force participation rate edged up slightly to 63.4 percent. Average hourly earnings, meanwhile, rose by 7 cents over the past year to $28.44 (Re-gram: @foxbusiness)

A post shared by Fox News (@foxnews) on Feb 7, 2020 at 6:04am PST

President Obama said these jobs would never come back.

But since @realDonaldTrump was elected, we’ve added 775,000 construction and over 500,000 manufacturing jobs in America!

— Ronna McDaniel (@GOPChairwoman) February 7, 2020

This is the labor market of a lifetime: White House economist https://t.co/aqzA1jbENx via @YouTube

— TheLastRefuge (@TheLastRefuge2) February 7, 2020

View this post on Instagram

🇺🇸🇺🇸🇺🇸 The New York Times reported Friday morning that African American workers are seeing their wages rise for the first time after a “decade of stagnation,” further evidence of the strength of the U.S. economy. The Times report came as the U.S. Bureau of Labor Statistics reported that the economy created 225,000 new jobs in January, smashing expectations. Unemployment ticked upward to 3.6% — but that was due to more workers entering the labor force, generating the highest labor force participation rate thus far in the recovery from the Great Recession. Average hourly wage gains also rose slightly year-on-year, to 3.1%. Black unemployment is near all-time lows, and now wages are climbing, the Times reported Friday.

A post shared by Breitbart (@wearebreitbart) on Feb 7, 2020 at 9:38am PST

White House Trade Advisor Peter Navarro Discusses January Jobs Gains, Manufacturing, and Economy… https://t.co/ZUoCo1aIem pic.twitter.com/IvqaB0TSPa

— TheLastRefuge (@TheLastRefuge2) February 7, 2020

Strong Economic News Crushing Democrats' Hopes for November https://t.co/j7HdClrsmI

— PJ Media (@PJMedia_com) February 7, 2020