Friday, February 3, 2017

Now Hiring

   More people found jobs in January as the unemployment rate held steady at 4.8 percent, according to the Bureau of Labor Statistics.
   Payroll employment nationwide rose by 227,000, the agency said, led by hiring in retail trade, construction and financial activities.
   Over the year, the number of long-term unemployed fell by 244,000. And the labor force participation rate -- the number of people actually working as a percentage of those able to work -- rose slightly to 62.9 percent.
   All these numbers mean that the economic recovery continues, with more people successfully connecting with employers and leaving the unemployment rolls.

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