Companies kept expanding headcounts in January and revisions to previous months’ showed even bigger gains as the U.S. job market made further strides.
January’s increase in employment and revisions showing even bigger gains in prior months point to a healing in the U.S. job market that will help consumers better cope with a higher payroll tax.
The U.S. needs “proper medicine” in the form of economic policy to spur growth and aid recovery, President Barack Obama’s nominee to lead his Council of Economic Advisers told lawmakers today.
"What we see is a job market that's healing, but it's not back to full health."
- Alan B. Krueger on Feb 01, 2013