January Jobs Report

#Jobs — Better than expected and UE drops.

Gain of +130,000 non-farm payroll jobs, vs. expected gain of 55K
Unemployment down by 0.1 at 4.3%
U6 unemployment 8.0%, down by 0.4
Labor force participation up 0.1 to 62.5%
Average hourly earnings up by 0.4%; +3.7% Y/Y

November jobs revised down by -15K to +41K
December jobs revised down by -2K to +48K