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ECONOMICS COMMENTARY
Mar 08, 2013
Surge in U.S. job creation adds to signs of improving economic health
U.S. non-farm payrolls rose by 236,000 in February, smashing through market expectations of a rise of 160,000. Even though January's total was revised down, the recent upturn in hiring has had a marked impact on unemployment, the rate of which fell to a four-year low of 7.7% from 7.9% in January.
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