Job growth slows in January

Although job growth did not increase in January as much as experts hoped for, the manufacturing industry added a healthy amount of jobs, according to The Bureau of Labor Statistics.

January's growth of 113,000 jobs is a slight increase from December's mark of 75,000, it is nowhere near 2013's average monthly growth of 194,000. The new job additions helped decrease the national unemployment rate to 6.6 percent, which is the lowest it has been in more than five years, The Associated Press reported.

The industrial sector posted healthy gains over the last month, despite low national gains. During January, construction firms, mines and manufacturers added 76,000 jobs, which is the most since January 2006, the AP reported. The construction industry added 48,000 new jobs during January, which is a positive sign since this industrial sector shed 22,000 jobs in December 2013. Gary Burtless, an economist with the Brookings Institution, said in an interview with the AP this may be a sign of things to come.

"You rarely see expansions in these industries without the economy being in fairly healthy shape," Burtless said.

Companies in the manufacturing or construction industry who are looking for skilled workers to help them meet the demands of the industry can look to operations recruiters to help them with their search.

Many experts believe the economy will have slow growth during the first few months of 2014, but that should perk up pretty quickly. Paul Ashworth, an economist at Capital Economics, said in an interview with The AP he predicts the economy will grow by 2.5 percent to 3 percent in 2014, which is a increase from last year's rate of 1.9 percent. Government tax increases and spending cuts, which were a component in slower business in 2013, are projected to not play a part, according to the AP.