Employers added 151,000 jobs in January, unemployment rate fell to 4.9%

February 5, 2016 2:47 PM

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Employers added 151,000 jobs in January, unemployment rate fell to 4.9%

Payroll growth slowed in January after a string of impressive gains as employers added 151,000 jobs, raising concerns that troubles overseas may be dampening business confidence and rattling the U.S. economy.

The unemployment rate, which is calculated from a different survey, fell to 4.9% from 5%, the Labor Department said Friday. That's the lowest rate since February 2008. A big gain in employment more than offset a large increase in the labor force, which includes Americans working and looking for jobs...

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