January’s ‘eye-popping’ jobs report is going to make the Fed's inflation battle even harder

January’s ‘eye-popping’ jobs report is going to make the Fed's inflation battle even harder

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The resilience of the labor market in the face of rising interest rates and stubborn inflation continues to surprise economists. The U.S. economy added 517,000 in January, pushing the unemployment rate to a 53-year low of just 3.4%, the Bureau of Labor Statistics reported Friday. The figures were…

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