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Article updated: 2/1/2013 8:05 AM

U.S. gains 157K jobs; jobless rate rises to 7.9 pct.

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U.S. employers added 157,000 jobs in January, and hiring was stronger over the past two years than previously thought, providing reassurance that the job market held steady even as economic growth sputtered.The mostly upbeat Labor Department report Friday included one negative sign: The unemployment rate rose to 7.9 percent from 7.8 percent in December.

Associated Press

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U.S. employers added 157,000 jobs in January, and hiring was stronger over the past two years than previously thought, providing reassurance that the job market held steady even as economic growth sputtered. The mostly upbeat Labor Department report Friday included one negative sign: The unemployment rate rose to 7.9 percent from 7.8 percent in December. The rate is calculated from a survey of households, and more people in that survey said they were unemployed. The job gains are derived from a separate survey of employers.
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