U.S. employers added 517,000 jobs last month. It's a surprisingly strong number
U.S. employers added 517,000 jobs in January, as the unemployment rate fell to 3.4% . The job market remains tight, despite signs of a slowing economy.
The U.S. labor market got an unexpected jolt last month, as employers added 517,000 jobs and the unemployment rate fell to its lowest level in more than half a century.
Not even the rain, snow and ice that blanketed much of the country last month was able to freeze the labor market.
Job gains for November and The January job tally is based on surveys conducted three weeks ago, when many states were in the grip of severe winter weather.
