TL;DR
The US economy added 227,000 jobs in January, with the unemployment rate increasing to 3.8 percent. The Labor Department conducted the survey during the second week of January, while President Obama was still in office.
In January, America added 227,000 jobs, above December’s increase of 157,000 jobs according to a recent CNN Money article. As more Americans started to look for jobs, the unemployment rate also ticked up to 3.8 percent.
While it is the first jobs report during the Trump administration, the Labor Department did conduct the survey when President Obama was still in office during the second week of January.
"President Trump is inheriting an economy on its way to full employment, but there is still more work to do," says Elise Gould, an economist at the Economic Policy Institute.
In this story
This story was originally published in 1851 Franchise on February 3, 2017. Burnaze summarizes and links to the original reporting.
Read the full story at 1851 FranchiseLiked this? Get the week's franchise news, explained
- Sunday 8 AM ET weekly + a monthly deep dive
- Sections picked for the industries you follow
- Every claim linked to its source. Free.
