NEW YORK ? Oil prices are rising on a new government showing that the U.S. economy added more jobs last month, which equates to more people making the morning commute in cars, among other things.
Benchmark crude added 69 cents to $97.05 per barrel in New York on Friday, while Brent crude added $1.68 to $113.75 per barrel in London.
The Labor Department says that the U.S. economy added 243,000 jobs in January. That was an unexpectedly big jump for the first month of the year and the unemployment rate fell to 8.3 percent. The government says companies hired across the pay scale, from high-salary professional services to manufacturing.
At the pump, gasoline prices rose by 1.2 cents to a national average of $3.467 per gallon.
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