The US labour market recovery gathered momentum in January as employers added more jobs than expected and wages rebounded, raising the odds of an interest-rate hike in the middle of the year. The dollar jumped against the euro after official figures showed US employers added more than a million jobs in the past three months alone, the most since 1997. More On this story On this topic IN US Economy The data were coupled with improved earnings figures that reversed surprisingly weak wage numbers for December. “The US economy is looking better and better,” said Torsten Sløk, chief international economist at Deutsche Bank. US Treasury Secretary Jack Lew told Congress this week that the American economy was in a “self-sustaining” recovery. The latest figures support that verdict, and sharpen the contrast between the robust US recovery and gloomier prospects in many economies overseas. The US has now seen eleven […]