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US jobs growth slows in January

US jobs growth slowed in January, according to the latest official figures, but the rate of unemployment declined.

Employers created 143,000 jobs last month, compared with analyst’s forecasts of about 170,000.

However, December’s jobs figure was revised up to 307,000.

A resilient jobs market underpinning economic expansion has given the US Federal Reserve space to pause interest rate cuts while policymakers assess the impact of Donald Trump’s fiscal, trade and immigration policies, which some economists view as inflationary.


BBC News

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