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'We're Booming': Economists React To January Jobs Report On Twitter

The U.S. economy added 467,000 jobs in January, the U.S. Bureau of Labor Statistics reported Friday, more than triple what was expected.

The unemployment rate ticked up from 3.9% to 4.0%, still significantly below January 2021 when the unemployment rate was 6.3%.


Leisure and hospitality employment expanded by 151,000 jobs in January, including 108,000 jobs added in food services and drinking places. Retail trade employment also jumped, adding 61,000 jobs in January. 

January saw the transportation and warehousing sector add 54,000 jobs, pushing the industry 542,000 jobs above where it was in February 2020. Other commercial real estate-related industries, including manufacturing and construction, saw little change over the month.

Here's how economists and others reacted to the January jobs report on Twitter.