US job growth unexpectedly surges in January as economy adds 517,000 new positions

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US job growth unexpectedly surges in January as economy adds 517,000 new positions
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BREAKING NEWS: US job growth unexpectedly surges in January as economy adds 517,000 new positions

Prosper Trading Academy CEO Scott Bauer and Muhlenkamp & Company portfolio manager Jeff Muhlenkamp discuss if January's impressive stock market gains will continue on 'The Claman Countdown.'

U.S. hiring roared back to life in January as the labor market remained surprisingly resilient in the face of higher interest rates, scorching-hot inflation and mounting recession fears.in January, the Labor Department said in its monthly payroll report released Friday, easily topping the 185,000 jobs forecast by Refinitiv economists. It marked the best month for job creation since July.This is a developing story. Please check back for updates.

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