U.S. employers added the most workers in four months while wage growth slowed more than projected, suggesting some slack remains in the labor market.
January’s 227,000 increase in payrolls followed a 157,000 rise in December, a Labor Department report showed Friday in Washington. The median forecast in a Bloomberg survey of economists called for a 180,000 advance. The jobless rate rose to 4.8 percent, and average hourly earnings grew 2.5 percent from January 2016, the weakest since August.
***If you are a news addict, be sure to bookmark The Most Important News and visit on a daily basis for the very best breaking news, articles and videos from all over the Internet!***