US economy adds just 113,000 jobs in January

Published February 7, 2014
Prospective job seekers meet with company reps at the annual “Honor a Hero - Hire a Vet” job resource fair in Van Nuys, California, in this October 24, 2013 file photo. The US economy added 113,000 jobs in January, suggesting continuing weakness after December's poor numbers, the Labor Department said. -AFP Photo
Prospective job seekers meet with company reps at the annual “Honor a Hero - Hire a Vet” job resource fair in Van Nuys, California, in this October 24, 2013 file photo. The US economy added 113,000 jobs in January, suggesting continuing weakness after December's poor numbers, the Labor Department said. -AFP Photo

WASHINGTON: The US economy added 113,000 jobs in January, far fewer than economists had expected and suggesting continuing weakness after December's poor numbers, official data showed Friday.

While hiring was strong in construction and professional services, retailers and government authorities at all levels shed significant numbers of workers, pulling down the net gain, data from the Labor Department's survey of establishments showed.

Economists had forecast a gain of 175,000 jobs after December's paltry 75,000, to confirm economic growth was on track.

The January number was well below the 2013 average of 194,000 net new jobs per month.

Even so, the overall unemployment rate, based on a separate household survey, fell to 6.6 per cent from 6.7 per cent, with data showing more people returning to the labor force and obtaining jobs.

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