Job growth continues in January

Putnam Investments, 06/13/17

Job growth continues in January

January jobs 257,000

Unemployment rate 5.7% (up from 5.6% in December)

The labor participation rate remains near its lowest point of recent years, below the levels it reached prior to the recession in 2008 and 2009.

Also, in the week ending January 31, 2015, initial jobless claims rose by 11,0000 to 278,000. The four-week moving average was 292,750.