`Nothing Wrong' With U.S. Economy, Rupkey Says
Feb. 1 (Bloomberg) -- Chris Rupkey, chief financial economist at Bank of Tokyo-Mitsubishi UFJ, discusses U.S. labor market data released today.
Payrolls rose 157,000 in January following a revised 196,000 advance in the prior month and a 247,000 surge in November, Labor Department figures showed today in Washington. The jobless rate increased to 7.9 percent from 7.8 percent. (Source: Bloomberg)