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U.S. Economy Adds 151,000 Jobs In January

Trader Fred DeMarco, left, works on the floor of the New York Stock Exchange, Friday, Feb. 5, 2016.  Stocks moved moderately lower in early trading Friday after a report showed that U.S. job creation slowed last month. (Richard Drew/AP)
Trader Fred DeMarco, left, works on the floor of the New York Stock Exchange, Friday, Feb. 5, 2016. Stocks moved moderately lower in early trading Friday after a report showed that U.S. job creation slowed last month. (Richard Drew/AP)

The U.S. economy added 151,000 jobs in January, according to today’s Labor Department report.

That is far lower than the job growth seen towards the end of last year but it was enough to bring unemployment down to 4.9 percent, the lowest level since 2008. Wages also increased by 2.5 percent, after recent stagnation.

Here & Now‘s Robin Young discusses the report and its implications with Michael Regan, editor for Bloomberg News.

Guest

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