2nd Ld Writethru: U.S. jobless rate little changed in January
Xinhua, February 7, 2015 Adjust font size:
U.S. economy added more jobs than expected in January, and the unemployment rate was little changed at 5.7 percent, indicating the job market is on the track of steady recovery, the Department of Labor said Friday.
Some 257,000 non-farm jobs were created in January. Employment gains in November and December were 147,000 higher than previously reported.
The labor force participation rate rose 0.2 percentage point to 62.9 percent. The number of long-term unemployed, or those jobless for 27 weeks or more, was unchanged at 2.8 million.
Average hourly earnings rose to 24.75 U.S. dollars.
The U.S. economy, driven by robust consumer spending, grew 2.6 percent in the fourth quarter of 2014. Endite