Private Payrolls Rise A Modest 166K In January
Posted on February 01, 2013 at 09:11 AM EST
Private payrolls expanded by a less-than-expected 166,000 in January on a seasonally adjusted basis, the Labor Department reports. Last month's level of jobs creation represents a considerable slowdown from December's upwardly revised 202,000 rise. The annual pace of growth has also slipped, with a 1.9% gain in private payrolls for last month vs. the year-earlier level. [More...]