Washington - U.S. employers added 151,000 jobs in January, a deceleration from recent months as companies shed education, transportation and temporary workers but hired others in manufacturing, retail and food services.

The unemployment rate dipped to 4.9 percent, its lowest level since early 2008.

The report Friday from the Labor Department showed that employers are still hiring steadily, though at a slower pace. The January figures follow seasonally adjusted job growth of 262,000 in December and 280,000 in November.

The broader hiring slowdown reflects an increasingly muddled picture for the U.S. economy. Global financial pressures and a volatile stock market have curtailed growth. But January’s jobs report appears to have further clouded the economic outlook as it showed that consumers are faring better despite steep declines in several industries.... Read More: VIN