These industries powered a stunning January jobs gain ...Middle East

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These industries powered a stunning January jobs gain
The U.S. added 517,000 jobs in January, according to the Labor Department’s jobs report released Friday, way ahead of the consensus forecast of 187,000 jobs gained. The unemployment rate dipped to 3.4 percent, despite a wave of recent layoffs announced by major companies and concerns that the Federal Reserve’s interest rate hikes would spark a recession.  Biggest gains come in leisure and hospitality Leisure and hospitality added 128,000 jobs, the most of any sector, up from the average of 89,000 in 2022, but still remains below pre-pandemic levels by 495,000 jobs. Food services and drinking places led the way, adding 99,000 jobs. Professional and business services added 82,00

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