Employers
Unemployment Rate Hits 53-Year Low
CNBC (02/03/2023) Cox, Jeff KEY POINTS The January jobs report showed nonfarm payrolls increased by 517,000, far higher than the 187,000 market estimate. The unemployment rate fell to 3.4% versus the estimate for 3.6%. That is the lowest jobless level since May 1969. Leisure and hospitality added 128,000 jobs to lead all sectors. Other significant gainers were professional and business services (82,000), government (74,000) and
February 3, 2023