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January nonfarm payrolls surge by 517K, unemployment ticks down to 3.4%

Feb. 03, 2023 8:31 AM ETBy: Liz Kiesche, SA News Editor452 Comments

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Jobs growth accelerated last month, adding more than half a million to nonfarm payrolls in January. Some 517K new jobs were added, blowing away the 185K consensus, and almost double the +260K in December, which was revised up from +223K.

This was corrected on 02/03/2023 at 10:23 AM. Corrects unemployment rate in headline and second bullet.

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