U.S. jobs top estimates with 225,000 gain, wages accelerate

U.S. PAYROLLS increased 225,000 in December. / BLOOMBERG NEWS FILE PHOTO/TY WRIGHT
U.S. PAYROLLS increased 225,000 in December. / BLOOMBERG NEWS FILE PHOTO/TY WRIGHT
WASHINGTON – United States employers ramped up hiring in January and wage gains rebounded, providing fresh evidence of a durable jobs market that backs the Federal Reserve’s decision to stop cutting interest rates and hands President Donald Trump an early election-year boost. Payrolls increased by 225,000 after an upwardly revised 147,000 gain in December, according…

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