More than 304,000 job places were opened in the US only in January.
It is a strong added value for the US economy and even more than expected than government had planned. It is about 165,000 jobs more than expectations.
This figure was around 222,000 for last month statistic, and did not reach the targeted 312,000 point.
According to the US Department of Labor, in December, more jobs added in leisure and hospitality, construction, health care, transportation and warehousing.
“This is a solid report, particularly given how worried people were,” said Gus Faucher, chief economist at PNC Bank.
The unemployment rate in January was only 3.9% to 4%. This is with the consideration of the 35-day long shutdown.
US employers added more than 223,000 jobs per month in average in 2018.
At the same time, the salaries have gone up also. The average hourly pays for private sector workers in January was $27.56 which is up 3.2%.