From the Wall Street Journal online:
A hiring chill hit the U.S. labor market for the second straight month in January, reflecting employers' reluctance to take on new workers despite some of the nation's strongest economic growth in years.
U.S. payrolls rose a seasonally adjusted 113,000 in January after December's lackluster gain of 75,000 jobs, marking the weakest two-month stretch of job creation in three years, the Labor Department said Friday...
The confounding performance, particularly the weaker payroll gains, comes after months of mounting enthusiasm among many businesses, consumers and investors about stronger expansion.
It indicates growth in gross domestic product could be settling back near the 2% pace recorded for most of the recovery rather than the better-than-3% annualized gain in the second half of 2013...
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Link: http://online.wsj.com/news/articles/SB10001424052702304680904579368562158283286?
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