January’s Payroll Additions Beat Forecasts; Unemployment Rate Inches Upward

By Tory Barringer

The unemployment rate, which is measured from a separate household survey, ticked up slightly to 5.7 percent from December’s 5.6 percent, reflecting an increase in the number of Americans looking for work. After accounting for annual adjustments to population controls, BLS said the civilian labor force rose by 703,000 in January, bringing the labor force participation rate back up to a still-low 62.9 percent.

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