Job growth was stronger than expected to start 2026, providing some relief to concerns about the state of the U.S. labor market.
Nonfarm payrolls increased by 130,000 for January, compared to the downwardly revised growth of 48,000 in December, and above the Dow Jones consensus estimate for 55,000, according to seasonally adjusted figures the Bureau of Labor Statistics released Wednesday.
The unemployment rate edged lower to 4.3%.
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