JUST IN: The U.S. added 304,000 jobs in January, the most in nearly a year, while the unemployment rate rose to 4 percent.
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US employers add robust 304K jobs; joblessness up to 4 pct.WASHINGTON (AP) — U.S. employers shrugged off last month's partial government shutdown and engaged in a burst of hiring in January, adding 304,000 jobs, the most in nearly a year. The healthy gain illustrates the job market's durability nearly a decade into the economic expansion. The U.S. has now added jobs for 100 straight months, the longest such period on record. The Labor Department also said Friday that the unemployment rate rose to 4 percent from 3.9 percent, but only for a technical reason: Roughly 175,000 federal workers were counted as temporarily unemployed because of the shutdown.
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U.S. economy added 304,000 jobs in January, shaking off the 35-day partial government shutdownJanuary produced the 100th straight month of job growth since 2010
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Private companies add 213,000 jobs in January, easily topping expectations: ADP/Moody's AnalyticsPrivate payrolls grew at a much faster pace than expected in January as the labor market shrugged off the longest U.S. government shutdown in history, according to data released Wednesday by ADP and Moody's Analytics.
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The economy adds 304,000 jobs in January, smashing expectations as the unemployment rate risesThe official employment report out Friday is expected to show hiring continued at a healthy pace in January.
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