The US released an amazing jobs report, the unemployment rate fell to a 53-year low.

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According to a report by the US Department of Labor on February 3, in January 2023, the US economy added 517,000 jobs, far exceeding the forecast of 187,000 jobs by experts and an increase of 260,000 jobs in December/December. 202.

The unemployment rate fell to 3.4% from a forecast of 3.6%. This is also the lowest unemployment rate since May 1969. Besides, average hourly earnings increased by 0.3% month-on-month, 0.1 percentage point higher than expectations.

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