U.S. economy adds a strong 227,000 jobs in January

U.S. economy adds a strong 227,000 jobs in January
Image: New York Times video screen grab

America added 227,000 jobs in January, well ahead of December’s gain of 157,000 jobs.

The unemployment rate ticked up a bit to 4.8%. More Americans started looking for work again — a good sign — which explains the small increase in unemployment.

It’s the first jobs report to be released under the Trump administration. However, the Labor Department conducted its jobs survey in the second week of January, when President Obama was in office.

The report represents the economy that Trump is now taking over.

“President Trump is inheriting an economy on its way to full employment, but there is still more work to do,” says Elise Gould, an economist at the Economic Policy Institute.

The jobs report has also become a contentious issue, because President Trump once dubbed the unemployment rate a “hoax.” His labor and treasury nominees have also criticized the number.

While the top line numbers are pretty strong, Trump is also inheriting problems in the U.S. job market.

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