U.S. Adds 113,000 Jobs, in Latest Worrying Sign on Growth

The Wall Street Journal ^ | February 7, 2014 | Eric Morath And Josh Mitchell

[John W]

WASHINGTON—The labor market in January registered weak gains for the second straight month, a slowdown that could heighten fears about the economic recovery and may lead some to call on the Federal Reserve to reconsider its easy-money strategy.

U.S. payrolls increased by a seasonally adjusted 113,000 in January, the Labor Department said Friday. Job growth improved compared with December's gain, which was revised up by just 1,000 to 75,000, but was well below last year's average pace. The November increase was recast up by 33,000 to 274,000.

The unemployment rate, obtained through a separate survey, fell to 6.6% last month from 6.7% in December, the Labor Department said.

[no-to-illegals]

John with all the latest news and retail stores closing this figure appears to be a calm before the storm. Am sensing a huge set of layoffs coming within the next few months. Could be in the millions to be lain off (nationwide). Am also seeing many local restaurants struggling. I think the dam maybe is about to lose a whole heap of water because those holding their fingers in that dam to hold back the water and paying taxes in the billions maybe are set to go down on this next round. Prayers am wrong John ... Prayers am wrong. Thanks for letting me vent John. Prayers am wrong.

[TomasUSMC]

The vast majority of Repubs in the House and Senate voted against Boehner and McConnel, THEY SHOULD REPLACE THEM OR SAY GOODBYE TO OUR SUPPORT OF THE GOP.

[TomasUSMC]

we need a linke to past January job creations.

[TomasUSMC]

The private-sector, it said, added a seasonally adjusted 142,000 new jobs in January and government shed 29,000 jobs for a total of 113,000. That is far below the 185,000 jobs predicted by a consensus of experts surveyed ahead of time.