Employment Data, Released Today, Reinforces Our Long-Held View That the US Will Avoid a Double-Dip Recession

Total nonfarm payroll employment rose by 243,000 in January, and the unemployment rate decreased to 8.3 percent, the U.S. Bureau of Labor Statistics reported today. Job growth was widespread in the private sector, with large employment gains in professional and business services, leisure and hospitality, and manufacturing. Government employment changed little over the month.

Please click on the link below to read the full report:

<< Bureau of Labor Statistics’ Employment Situation Summary

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