'WASHINGTON—U.S. employers hired steadily last month and workers’ wages picked up, suggesting the labor market is moving closer to full health more than five years after the recession.
U.S. nonfarm payrolls grew by a seasonally adjusted 257,000 jobs in January, the Labor Department said Friday. And job creation was far stronger in prior months than previously estimated, with the government raising its estimates of new jobs in November and December by a combined 147,000. November’s reading of 423,000 jobs added marked the strongest month of private-sector hiring since 1997.
The unemployment rate, calculated from a separate survey of households, climbed to 5.7% in January, up from December’s 5.6%. The rate rose because the labor force grew as more Americans searched for jobs, a sign of growing confidence among households.'
Jobs Report: U.S. Adds 257,000 Jobs; Unemployment Ticks Up to 5.7% - WSJ