The U.S. added 467,000 jobs in January and the unemployment rate rose to 4% as the economy weathered the Omicron variant of Covid-19 and staffing shortages WSJWhatsNow
and the jobless rate rose to 4% as the economy weathered the Omicron wave and staffing shortages, the Labor Department said Friday.
The Labor Department separately revised payrolls totals upward for late last year, showing more than 700,000 jobs were created in November and December than previously reported. Last month’s jump in employment left the economy with 2.9 million fewer jobs than in February 2020, the month before the pandemic hit the U.S. labor market.
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