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US economy shows steady job growth in January amid Biden-Trump transition

Summary by RocketNews
The Department of Labor reported that the US economy added 143,000 jobs in January, falling short of economist expectations of 168,000. The unemployment rate remained flat at 4%, down slightly from 4.1% the previous month. The report was released on Friday as the economy operated under a new presidential administration. Revisions to prior months showed stronger hiring than initially reported, with November employment figures rising to 261,000 fr…

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RocketNews broke the news on Sunday, August 9, 2026.
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