*U.S. Jan Payroll Jobs -89,000; Factory Jobs -89,000
*U.S. Jan Jobless Rate -0.2 Pts To 5.6%
*U.S. Jan Avg Hrly Earnings Unch%; Dec +0.3%
*U.S. Jan Construction Jobs -54,000; Service Jobs +56,000
*U.S. Jan Pvt Payroll Jobs -84,000; Government Jobs -5,000
*U.S. Jan Avg Hrly Earnings +4.0% From Yr Ago
*U.S. Jan Available Labor Pool Up To 11.1 Mln; Dec 11.0 Mln
*U.S. Jan Workweek -0.1 Hrs; Manufacturing Workweek -0.1 Hrs
*U.S. Dec Payroll Jobs -130,000 From -371,000
*U.S. Nov Payroll Jobs -355,000 From -448,000
*U.S. Jan Retail Jobs +62,000; Wholesale Trade Jobs -8,000

Washington, Feb. 1 (ODJ) - U.S. loss 89,000 jobs in January, a considerably slower pace than the fourth quarter, which reported an average 311,000 job losses, the Labor Department reported Friday. The unemployment rate unexpectedly slipped by only 0.2 points to 5.6%. The twenty analysts surveyed by OsterDowJones had projected a 50,000 decrease in payrolls and an unemployment rate of 5.9%. In December, a revised 130,000 jobs were loss with the unemployment rate at 5.8%.
As businesses continue to cut back on capital spending, manufacturing and private service jobs continued to suffer in January, with factories shedding 89,000 workers, after cutting 122,000 positions. Private industry jobs shed 84,000 workers, after cutting 187,000 positions. The manufacturing industry's average workweek slipped 0.1 hour to 40.5 hours. Factory overtime hours were up 0.1 to 3.9 hours. The temporary workforce was reduced by 4,000, the Labor Department said.
Wholesale traders also trimmed payrolls by 8,000. Job gains were reflected in the blue-collar workers sector, as service- producers added payrolls by 56,000, while retailers gained 62,000 positions. The overall workweek fell 0.1 hour to 34.0 hours.
AVERAGE EARNINGS
The seasonally adjusted average hourly earnings was unchanged, in January to $14.59. Analysts had expected average hourly earnings to be up 0.2%. WHAT WAS EXPECTED
January non-farm growth was at the low end of private forecasts in the OsterDowJones survey, which ranged from down 150,000 to up 100,000. Expectations for the unemployment rate ranged from 5.8% to 6.0%, while forecasts for average hourly earnings ranged from up 0.1% to up 0.4%.