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U.S. employers added 517,000 jobs in January.

The hefty hiring figures defied expectations and underscored the challenges facing the Federal Reserve, which is trying to cool the labor market in its effort to tame rapid inflation.

Sydney Ember
Author: Sydney Ember

Written by

Sydney Ember

in

Federal Reserve System, Hiring and Promotion, Inflation (Economics), Interest Rates, Labor and Jobs, Labor Department (US), Prices (Fares, Fees and Rates), Unemployment, United States Economy, Wages and Salaries
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