US employment growth doubles defying predictions
Job creation in the US surged in January with 353,000 jobs and average hourly pay jumped, while the unemployment rate held steady at 3.7%, the Labor Department said.
The first job report in the US this year showed positive figures with 353,000 jobs. According to the Labor Dept, average hourly pay also jumped, while the unemployment rate held steady at 3.7%.
It's almost double analysts' forecasts, and experts say this indicates the strength of the labor market and the economic growth. Jobs were added in the retail trade, professional and business services, in hospitals as well as nursing and many more. And yet, there are some industries in the US where lack of labor is affecting many businesses.
Also, how much will affect local businesses a new trade deal in Northern Ireland, and why former Malaysian prime minister Najib Razak is set to get out of prison earlier than expected.
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