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January 2013 US Employment Report

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  • The January employment report contained some startling data suggesting that the economy was healthier in 2012 than initially thought. While the payroll job growth for January was 157,000, roughly in line with the experience of the past three years, the historical data for 2012 was revised significantly upward. Instead of adding 1.8 million jobs as reported last month, job growth in 2012 is now estimated at 2.2 million.

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