The January numbers involve some annual resets and adjustments, they can't be taken as completely continuous from the previous 12 months but have to be taken apart by people a lot more sophisticated than me before their real economic meaning emerges. From what I'm reading there are both problems and a few good future indicators buried in the statistical mire, but an awful lot depends on how businesses see the coming (And presently uncertain) tax, regulatory, banking, and monetary policy environment before any of the good indicators translate into hiring.