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88 views • February 3, 2023

January High Job Numbers May Force Fed's Hand: Expert

NTD News
NTD News
Despite recession fears, there are more signs that the labor market is still strong. The Bureau of Labor Statistics on Feb. 3 reported that the U.S. economy added 517,000 jobs in January. The surge is a big surprise, more than two times higher than expected. The unemployment rate fell to 3.4 percent, a level the country hasn't seen since 1969. NTD spoke to Julia Pollak, chief economist at ZipRecruiter, to discuss the new jobs report.
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