By Geoffrey Smith
Investing.com -- The U.S. economy added only 49,000 jobs in the month through mid-January, in line with early expectations but well short of the 174,000 reported by private payrolls processor ADP (NASDAQ:ADP) on Wednesday.
The Bureau of Labor Statistics also revised its figures for December to show a net loss of 227,000 jobs, rather than the 140,000 originally reported.
U.S. futures shrugged off the data, Dow Jones Futures losing only 10 points, or less than 0.1%, on the back of the news.
The data come against the backdrop of still-widespread restrictions on businesses, especially in the services sector, as a result of public health measures to stop the spread of Covid-19.