Job Growth Will Get Over Its January Blahs

摘要

The economy this year was expected to generate job gains of 200,000 or more a month,with accompanying rises in incomes and consumer confidence.But this trip to bountiful took a detour in January,when nonfarm businesses added only 146,000 new workers and wage growth was lackluster.But before you write off the upbeat outlook,bear in mind that the January job report might be saying more about the weather and the vestiges of the autumn spike in oil prices than about the health of the economy.Clear away the rain,snow,and ice,and a better picture of growth comes into focus.