The U.S. Bureau of Labor Statistics reported Friday that nonfarm payroll employment increased by 157,000 in January, but the unemployment rate ticked up a tenth of a percentage point to 7.9 percent.

The main industries that added jobs in January were retail trade, construction, health care and wholesale trade. Employment in other major industries, including financial activities, professional and businesses services, leisure and hospitality, and government, showed little change over the course of the month.

Register or login for access to this item and much more

All Accounting Today content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access