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February 2, 2013

Jobs created, but unemployment increases in January

  • 157Kjobs created in January, thanks primarily to strong showings in the construction, retail, hotel and food industries. The gains in construction specifically seem hopeful, especially in relation to a strengthening home-buyers’ market, but one solid month does not a panacea make, sadly — the U.S. unemployment rate nonetheless ticked upwards last month, from 7.8 to 7.9. source
15:40 // 1 year ago