U.S. employers add a robust 304,000 jobs in January - News Summed Up

U.S. employers add a robust 304,000 jobs in January


The solid jobs report provided a note of reassurance that the economy remains mostly healthy and likely to shake off any effects of the shutdown. The shutdown will probably end up slowing the economy's growth for the first three months of the year. The nonpartisan Congressional Budget Office estimates that it lowered annual growth for the January-March quarter by about 0.4 percentage point, to a rate of 2.1%.


Source: Los Angeles Times February 01, 2019 13:41 UTC



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