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January Jobs Report So Unexpectedly Good, It Scared Wall Street

Written by The Ashton Report

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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