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In a rather dull US January jobs report, construction adds lustre

from Daily Commercial News

U.S. net job creation in January was 113,000, according to the Bureau of Labor Statistics, marking the second month in a row of restrained increase. December’s number was +78,000. For all of last year, the monthly average was +182,000. In polling by various news agencies, analysts had been estimating this year’s kick-off month to be +180,000 as well. It’s a bit of a mystery why their assessment was so strong. more

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