#Jobs — Gains exceed expectations again, but UE rises.

Gain of +275,000 non-farm payroll jobs, vs. expected gain of 198K
Unemployment up 0.2 to 3.9%, vs expected 3.7%
U6 unemployment 7.3%, up by 0.1
Labor force participation unchanged at 62.5%
Average hourly earnings up by 0.1%; 4.3% increase over the year

December jobs revised down by -43K to +290K
January jobs revised down by -124K to 229K