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Job and Hour Growth Soar in January, Unemployment Hits New Half-Century Low

Labor Force Participation Measures Unchanged After Adjusting for Population Controls The January jobs report was far stronger than had been predicted, with the economy adding 517,000 jobs. There was also a big increase in the length of the average work…

Labor Force Participation Measures Unchanged After Adjusting for Population Controls The January jobs report was far stronger than had been predicted, with the economy adding 517,000 jobs. There was also a big increase in the length of the average workweek from 34.4 hours to 34.7 hours, which led to an extraordinary 1.2 percent rise in More

The post Job and Hour Growth Soar in January, Unemployment Hits New Half-Century Low appeared first on CounterPunch.org.


This content originally appeared on CounterPunch.org and was authored by Dean Baker.


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» Job and Hour Growth Soar in January, Unemployment Hits New Half-Century Low | Dean Baker | Radio Free | https://www.radiofree.org/2023/02/06/job-and-hour-growth-soar-in-january-unemployment-hits-new-half-century-low/ |

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