Jobs Report Shows US Payrolls Rose By 130,000 In January, Beating Wall Street Estimates: Unemployment Rate At 4.3%

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According to data from the U.S. Bureau of Labor Statistics (BLS), the unemployment rate stood at 4.3% in January.

Nonfarm payrolls rose higher than expected by 130,000 in January, according to the latest report from the Bureau of Labor Statistics (BLS).

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Analysts expected an addition of 55,000 payrolls during the month, according to Dow Jones data cited by MarketWatch. This comes after a lower-than-expected addition of 48,000 jobs in December, revised downward from the previously reported addition of 50,000 jobs.

The January unemployment rate came in lower than expected at 4.3%, below the 4.4% estimate.

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