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U.S. Payrolls Rise 130,000 in January as Unemployment Falls to 4.3%
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U.S. Payrolls Rise 130,000 in January as Unemployment Falls to 4.3%
Wells Fargo Economics says stronger hiring and steady 3.7 percent wage growth bolster case for Federal Reserve to hold rates steady A year that began with widespread concern about slowing growth is opening instead with signs of renewed labor market stability. January’s employment report showed nonfarm payrolls rising by 130,000, roughly double the Bloomberg consensus forecast of 65,000 and above Wells Fargo Economics’ own estimate of 80,000. Acc…
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