US NFP rises 353k, average hourly earnings rises 0.6% mom

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<p>US Non-Farm Payroll employment rose 353k in January, significantly surpassing expectation of 178k. Prior month&#8217;s growth was also revised sharply higher from 216k to 333k. Both were well above monthly average of 255k growth in 2023. Unemployment rate was unchanged at 3.7%, below expectation of 3.8%. Labor force participation rate was unchanged at 62.5%. Average [&#8230;]</p>
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