U.S. job growth surges in January, while wages climb 4.5%
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U.S. job growth accelerated in January, with nonfarm payrolls increasing by 353,000 jobs, higher than the forecasted 180,000. The data for December was revised higher to show 333,000 jobs added. Average hourly earnings increased by 0.6% in January, and wages increased by 4.5% in the 12 months through January. The unemployment rate in January was 3.7%. The strong job growth and wage increase support the view that the Federal Reserve is unlikely to cut rates in March.

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https://asia.nikkei.com/Economy/U.S.-job-growth-surges-in-January-while-wages-climb-4.5