Employers added 517,000 jobs in January, astonishing labor market growth
The labor market shattered expectations in January, as the economy added 517,000 jobs and the unemployment rate dropped to 3.4%, a low not seen since May 1969, according to data released Friday from the Bureau of Labor Statistics. "These numbers are a real surprise," said James Knightley, chief international economist for ING. The Federal Reserve has been in an…
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