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Payrolls Rise By 243,000 In January

Payrolls expanded by much more than economists had predicted in January, while the unemployment rate declined.

 

The U.S. economy added 243,000 jobs in January, according to statistics released by the Department of Labor on Friday. Economists had expected an increase of 135,000

The report showed that the unemployment rate came in at 8.3 percent. Economists were looking for the jobless rate to hold steady at 8.5 percent.

by RTT Staff Writer