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January Jobs Report So Unexpectedly Good, It Scared Wall Street

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Written by The Ashton Report
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The U.S. economy created 304,000 net new jobs in January, while the unemployment rate ticked up a tenth point to 4%. The new jobs numbers surprised nearly everyone—economists had expected around 170,000 net new jobs—as the 35-day partial shutdown of the federal government had little impact on the numbers. Foodservice and drinking place employment posted…

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The Ashton Report