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US job growth rebound less than expected in January

US job growth rebound less than expected in January The labour department said on Friday nonfarm payrolls increased by 49,000 jobs last month. Data for December was revised to show 227,000 jobs lost instead of 140,000 as previously reported Reuters | February 6, 2021 | Updated 12:28 IST Data for December was revised to show 227,000 jobs lost instead of 140,000 as previously reported US employment growth rebounded less than expected in January and job losses the prior month were deeper than initially thought, strengthening the argument for additional relief money from the government to aid the recovery from the Covid-19 pandemic. The labour department said on Friday nonfarm payrolls increased by 49,000 jobs last month. Data for December was revised to show 227,000 jobs lost instead of 140,000 as previously reported.

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