Back-to-back months of sluggish hiring suggest the economic recovery may have lost some momentum and could give the Federal Reserve second thoughts about continuing to throttle back a key stimulus program.
http://www.latimes.com/business/la-fi-jobs-20140208,0,5547294.story#ixzz2sjHy11mX
Employers added a modest
113,000 jobs in January after boosting payrolls by just 75,000 in
December, the Labor Department said Friday. The two-month average was
about half of last year's monthly pace of job growth and far below
analysts' expectations.
Although analysts blamed the weak December hiring largely on frigid weather, there was little evidence the cold contributed to January's numbers. Construction payrolls, for instance, rebounded strongly last month and manufacturing employment also expanded solidly.
Although analysts blamed the weak December hiring largely on frigid weather, there was little evidence the cold contributed to January's numbers. Construction payrolls, for instance, rebounded strongly last month and manufacturing employment also expanded solidly.
http://www.latimes.com/business/la-fi-jobs-20140208,0,5547294.story#ixzz2sjHy11mX
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