January 2016 Unemployment Rate

Wages rise as U.S. unemployment rate falls below 5%, By Nelson D. Schwartz, February 5, 2016, New York Times: “Is the American worker finally getting a raise?  After years of scant real gains despite steadily falling unemployment and healthy hiring, wages picked up significantly last month, a sign the job market could be tightening enough to force companies to pay more to attract and retain employees.  The half a percentage point increase in average hourly earnings in January was the brightest spot in a generally positive Labor Department report on Friday, which showed job creation slowing from the white-hot pace of late 2015 even as the unemployment rate fell to an eight-year low of 4.9 percent…”