February 6 (Reuters) - The growth of US employment grew solidly in January and wages recovered strongly, an underlying strength of the economy, which sets a mid-year increase in interest rates by the Fed on the table.
Non-farm payrolls increased 257,000 last month, the Labor Department said Friday. Data for November and December was revised to a massive 147,000 jobs created as a show previously reported enhanced consumer visits have enough muscle to support the economy through the rough seas.
A 423 000 from November wage gains were the largest since May 2010, while employment has to count the population was government-driven setting.
While the unemployment rate rose one-tenth of a percentage point to 5.7 percent, is because the labor force has increased, a sign of confidence in the labor market.
January was the 11th consecutive month of gains in more than 200,000 jobs longest streak since 1994th
Economists polled by Reuters 234,000 new employees had increased last month forecast and the unemployment rate remained at 5.6 percent.
The continuous improvement of the labor market occurs despite the slowing economy. Spray growth abroad and oil prices weighed on exports and business investment.
Wages rose 12 cents last month after falling five hundred in December. This year has increased from year to 2.2 percent, the highest since August
rising interest rate expectations are again on September following the December marks a surprise drop in wages.
Last week, the US central bank increased its estimate of the labor market. Brisk gains jobs and better wages to the expectations of policy tightening in June cure.
Wage growth is likely to combine with oil prices provide a huge tailwind for consumer spending and keep the economy growing at a very healthy rate despite the global crisis.
Growth slowed to an annual rate of 2.6 percent in the fourth quarter.
While some States have higher minimum wages in the past month have introduced, who probably had minimal effect on wages. Economists say that about three million workers may be affected, only 3 percent of the more than 118 million workers in the private sector.
The government revised the employment, hours and earnings figures from the year 2010. The level of employment in March 2014 was 91,000 more than previously expected.
A new estimate of the population that are used to adjust the numbers in his household survey is also presented. This survey is used to determine the number of unemployed and the number of employees.
Far from wage growth and the highest rate of employment in the labor market or the Americans of working age who are employed or at least looking for a job, increased by two-tenths of a percentage point to 62.9 percent, a sign of confidence in the labor market.
Find a broad measure of unemployment, people who want to work but have stopped, and those who work part-time because they can not find full-time employment, increased to 11.3 percent from 11.2 percent in December to close.
In January increased private payrolls 267,000. November and December private work has been revised upwards. Private wage increases in November were the highest since September 1997th
Manufacturing added 22,000 jobs in January. Construction payrolls increased 39,000 after rising 44,000 in December.
The retail employment increased 45,900 after braking sharply in December. The only weaknesses were government where payrolls fell 10,000, and the use of transport, which left 8600, the first decline since February.
Temporary Assistance was 4100, the first decline in a year.
(Reporting by Lucia Mutikani; average Andrea Ricci Spanish)
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