The Nation Added Much-Needed Jobs

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WASHINGTON D.C. — The U.S. job market strengthened in January as employers added more new jobs than expected and the unemployment rate in January dropped for the fifth straight month.

The Labor Department said Friday that employers nationwide added 243,000 new jobs in January, about 100,000 more than what analysts predicted and dropping the nation’s unemployment rate to 8.3% last month from 8.5% in December. The job gains were in a variety of industries; manufacturing, professional and business services such as accounting and engineering, and in leisure and healthcare industries.

Government jobs were down and the information sector also reported job losses, including the motion pictures industry.

The jobless rate has fallen every month since August, when the rate was 9.1%.

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