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Economists React To January Jobs Report On Twitter

Nonfarm payroll employment increased by 200,000 new jobs in January, the U.S. Bureau of Labor Statistics reported Friday, marking the country's 88th straight month of employment gains. The unemployment rate remained at 4.1%.

Wage growth experienced its strongest year-over-year increase since 2009. Hourly wages for private sector workers increased 0.34% month-to-month and 2.9% annually. 


Construction jobs showed the healthiest gains, adding 36,000 jobs, followed by food services and drinking places, healthcare and manufacturing. Job gains have averaged 192,000 over the last three months.

Here is how some economists reacted on Twitter.