US Job Growth Remain Afloat

US employers hired 225, 000 new employees in January, the Labor Department reported.

The data also showed more people started looking for work which increased the unemployment rate a bit but to a minimal 3.6%. More people who were previously left out on sidelines during the economic expansion are now able to find work.

“It means we don’t have to settle for a lower pace of job growth,” said Michelle Meyer, chief United States economist for Bank of America Merrill Lynch. “Not only is there demand for labor, there’s supply to fill that demand, and that’s a very positive narrative.”

The upbeat job market has eased the tensions created by trade wars and current trend could provide President Donald Trump a big advantage in the upcoming elections.


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