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    The U.S. created an extraordinary number of jobs in January. Here's a deeper look

    U.S. employers added 353,000 jobs in January — far more than forecasters expected. The sizzling job market is good for workers but could cause the Federal Reserve to postpone a cut in interest rates.
    by Scott Horsley Feb 02, 2024 2 minutes
    A construction worker is seen in Miami on Jan. 5, 2024. U.S. employers added more jobs than expected in January including in the construction sector.

    It's Groundhog Day. And once again, the monthly jobs report has confounded forecasters.

    U.S. employers added 353,000 jobs in January, according to a report from the Labor Department Friday. That's far more than analysts were expecting.

    The job market has held up remarkably well, despite the Federal Reserve's effort to fight inflation with the highest interest rates in more than

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