U.S. payrolls grew sharply by 467,000 in January, and the jobless rate rose to 4%, the Labor Department said Friday, as the economy weathered the Omicron wave and staffing shortages.
The January jobs report reveals the impact of the Omicron variant of Covid-19 on U.S. employment last month.
Many economists are projecting the labor market will bounce back later this year, as the virus subsides. Workers who were sick will be able to return to their jobs, and employers eager to hire will have fewer disruptions to confront, they say. Plus, there are…
