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Kiplinger
Kiplinger
Business
Karee Venema

February Jobs Report Shows a Surprise Drop in Payrolls

Jobs Report US Federal Reserve Unemployment David Payne United States ADP BLS
(Image credit: Getty Images)

The February jobs report, released ahead of Friday's open, showed a sharp slowdown in the labor market.

Job growth sizzled to start the year, with the U.S. adding 130,000 new jobs in January — more than double what economists expected — while the unemployment rate edged down to 4.3%.

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