The nation in January added 467,000 jobs based on seasonally adjusted figures, above what economists expected. That’s a solid gain as employers grappled with effects of the COVID-19 omicron variant and a shortage of prospects for open positions in a tight labor market.
BLS upwardly revised total employment figures and overall job gains for August 2021 through December 2021.
The economy added an upwardly revised 510,000 jobs in December and an upwardly revised 647,000 jobs in November.
Following an unprecedented loss of 20.5 million jobs in April 2020 as the nation locked down, the economy has added jobs every month except for December 2020. But the total U.S. nonfarm payroll is still 2.9 million jobs below its February 2020 all-time high.
The World Health Organization classified COVID-19 as a pandemic in March 2020.