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U.S. Added 157,000 New Jobs In January

Employers added 157,000 jobs last month and 127,000 more jobs were created in November and December than previously reported, the Labor Department said.

Employers added 157,000 jobs last month and 127,000 more jobs were created in November and December than previously reported, the Labor Department said. Revisions performed each January to the prior year's data showed the labor market was healthier in 2012 than initially thought.

While the unemployment rate rose 0.1 percentage point to 7.9 percent, the closely watched report showed an increase in hourly earnings and solid gains in construction and retail employment.

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