New York (CNN Business) The US economy added 225,000 jobs in January, as the surprisingly strong pace of hiring continues. Meanwhile, the unemployment rate edged slightly higher to 3.6%, as more people decided to look for jobs. Unseasonably mild weather in January helped the construction and transportation sectors, Capital Economics Chief US Economist Paul Ashworth wrote in a note. A slump in transportation jobs would imply a more broad-based downturn in the production, trade and delivery of goods. The transportation sector added 28,000 new jobs in January.

Source: CNN February 07, 2020 13:34 UTC