[Wildcatk23]

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Very encouraging news this morning: Private-sector employment increased by 257,000 jobs last month. We've now added 3.7 million private-sector jobs over 23 consecutive months of job growth.

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January jobs report: Hiring ramps up, unemployment falls

NEW YORK (CNNMoney) -- American employers substantially stepped up their hiring in January, bringing the unemployment rate down for the fifth month in a row.
Employers added 243,000 jobs in January, the Labor Department reported Friday, marking a pick-up in hiring from December, when the economy added 203,000 jobs.

the unemployment rate fell to 8.3%. That is the lowest since February 2009.
Hiring was much stronger than expected, and once it was apparent the job gains were broad based across several sectors, economists and investors called it a "nice surprise," "fantastic," and even "a touchdown!" Stocks climbed at the market open.