Jobs Report

Jobs Report

February 7th, 2020

Warmer weather in January is thought to have contributed to increased hiring in spite of a tight job market. 

“The labor market experienced expanded payrolls in January,” said Ahu Yildirmaz, vice president and co-head of the ADP Research Institute. “Goods producers added jobs, particularly in construction and
manufacturing, while service providers experienced a large gain, led by leisure and hospitality. Job
creation was strong among mid-sized companies, though small companies enjoyed the strongest
performance in the last 18 months.” 

January jobs report: Economy adds 225,000 payrolls, unemployment rate ticks up to 3.6%