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Welcome to the Jill on Money Show. It is Saturday, February 5th.

And let's just get it out there, the job markets on fire.

The labour market stomped on that Omicron variant.

I know we were expecting it to be a strange number, maybe a weak number, but

January, the economy added 467,000 new jobs, the unemployment rate had just ticked up slightly

to 4%, and you know what, there was kind of good news all over this report.

Labour force participation, the number people entering into the workforce,

at the highest level since March of 2020.

The January number also had revisions to all the previous year's reports, all of 2021.

These benchmark revisions indicate that sometimes when you get very happy about a jobs report,

it gets revised lower, and other times it gets revised higher.

For example, June and July, summer, we had downward revisions.

We didn't have a million jobs each month.

We had 807,000 fewer than initially reported.

But then last year, November, December, we had weaker than expected readings.

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