In a big surprise, the job market surged in January even as omicron cases spiked
U.S. employers added 467,000 jobs last month despite a surge of coronavirus infections. The unemployment rose to 4% from 3.9% in December.
Updated February 4, 2022 at 11:00 AM ET
The U.S. job market came through January in much better shape than expected despite a winter wave of coronavirus infections.
Employers added 467,000 jobs last month, according to a new tally from the Labor Department, far outpacing even the most optimistic forecasts. The gains came despite a surge in COVID-19 cases tied to the omicron variant.
"Omicron, Schmomicron,"
