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Fox Business
1 Feb 2024
U.S. job growth unexpectedly surged in January, underscoring the resilience of the labor market even in the face of high interest rates and stubborn inflation.
Employers added 353,000 jobs in January, the Labor Department said in its monthly payroll report released Friday, easily topping the 180,000 gain forecast by Refinitiv economists.
The unemployment rate held steady at 3.7%.
This is a developing story. Please check back for updates.