The Traderszone Network

Published in TZ Latest News 5 February, 2016 by The TZ Newswire Staff

U.S. job growth slows, unemployment rate at 8-year low

U.S. employment gains slowed more than expected in January as the boost to hiring from unseasonably mild weather faded, but surging wages and an unemployment rate at an eight-year low suggested the labor market recovery remains firm. Data for November and December was revised to show 2,000 fewer jobs created than previously reported.