U.S. Economy Adds Half-Million Jobs in January

517,000

“The employment picture started off 2023 on a stunningly strong note, with nonfarm payrolls posting their strongest gain since July 2022,” CNBC reports. “Nonfarm payrolls increased by 517,000 for January, above the Dow Jones estimate of 187,000. The unemployment rate fell to 3.4% vs. the estimate for 3.6%.”

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