Economy adds stunning 467K jobs in January despite omicron surge Print
News
Written by The Hill Press   
Friday, 04 February 2022 15:00

electrical-workersLabor Department also revised the December employment gain up from an initially reported 199,000 to 510,000 and November’s job gain from 249,000 to 647,000, painting a much stronger picture.


WASHINGTON, DC - The U.S gained 467,000 jobs in January despite fears the economy lost jobs amid the omicron-driven surge of COVID-19 cases, the Labor Department reported Friday.

While the unemployment rate ticked up slightly to 4 percent, January job growth far exceeded the expectations of many economists, who feared the U.S. likely lost jobs last month for the first time since December 2020.

Read the developing report here