The US economy created 235,000 net new jobs in January, far more than expected, while the unemployment rate fell further, the Labor Department reported Friday.
In another sign of a tightening labor market, the already low unemployment rate fell a tenth of a point to 4.7 percent.
The news was likely to increase the chances that the Federal Reserve will raise its benchmark interest rate next week.
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Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
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