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Jobs report: a surprising 130,000 jobs were added in January, but Labor Dept. makes major revisions to last year’s numbers

U.S. employers added a surprisingly strong 130,000 jobs last month, but government revisions cut 2024-2025 U.S. payrolls by hundreds of thousands. The unemployment rate fell to 4.3%, the Labor Department said Wednesday. The report included major revisions that reduced the number of jobs created last year to just 181,000, weakest since the pandemic year of…

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