India, Feb. 7 -- While the Labor Department released a report on Friday showing employment in the U.S. increased by less than expected in the month of January, the report also showed the unemployment rate unexpectedly edged slightly lower.
The closely watched report said non-farm payroll employment rose by 143,000 jobs in January compared to economist estimates for an increase of about 170,000 jobs.
The Labor Department said job growth in the healthcare, retail and social assistance sectors was partly offset by a decrease in employment in the mining, quarrying and oil and gas extraction industry.
Meanwhile, employment in December and November surged by upwardly revised 307,000 jobs and 261,000 jobs, respectively, reflecting a net upward ...