As reported by Reuters, a record-breaking 517,000 nonfarm jobs were created in January
- Unemployment rate at 3.4% versus 3.5% in December
- Average hourly earnings rise 0.3%; up 4.4% year-on-year
Economists were expecting job growth to come in under 200,000.
Lucia Mutikani reports for Reuters: U.S. Reports Blowout Job Growth. Unemployment lowest since 1969