Economists expected employers to have added 50,000 jobs in January
By Megan Henney
The U.S. economy added 49,000 jobs in January, rebounding from a surprise employment decline in December as a slowdown in COVID-19 cases nationwide allowed states to ease lockdown measures on businesses.
The unemployment rate edged down to 6.3% — well below the April peak of 14.7%, but about twice the pre-crisis level, the Labor Department said in its monthly payroll report, released Friday. Economists surveyed by Refinitiv expected the report to show that unemployment…
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