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U.S. Nonfarm Payrolls Up 49K in January -- 4th Update 02/05/2021 | 03:41pm EDT Send by mail : Message : By Sarah Chaney Cambon U.S. employers resumed hiring in January, putting the labor market back into growth mode, but the weak pace of job gains suggested a long road remains for the recovery. The U.S. economy added 49,000 jobs last month. The small January gain came after payrolls fell steeply in December, the first decline since the coronavirus pandemic triggered business shutdowns last spring. The unemployment rate fell to 6.3% in January from 6.7% a month earlier, in part ref...

January Jobs Report to Signal State of Economic Recovery 02/05/2021 | 05:44am EDT Send by mail : Message : By Sarah Chaney Cambon The U.S. jobs report for January will show whether the economy is picking up from a winter slowdown. Economists expect employers added 50,000 jobs last month, after payrolls fell in December for the first time since the coronavirus pandemic triggered business shutdowns last spring. The jobless rate is forecast to hold steady at 6.7%. "It's still going to be a pretty tough month for the jobs market, but it looks like the jobs recovery got back on t...

Provided by Dow Jones By Sarah Chaney Cambon U.S. employers resumed hiring in January, putting the labor market back into growth mode, but the weak pace of job gains suggested a long road remains for the recovery. The U.S. economy added 49,000 jobs last month. The small January gain came after payrolls fell steeply in December, the first decline since the coronavirus pandemic triggered business shutdowns last spring. The unemployment rate fell to 6.3% in January from 6.7% a month earlier, in part reflecting fewer people searching for jobs. "The recovery is...