Jobs, January | featured news

(Image from article: "January unemployment rate drops to 9.7%")

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January unemployment rate drops to 9.7%

The nation's unemployment rate tumbled unexpectedly to 9.7% in January, first time it's fallen below double digits since September, the Bureau of Labor Statistics reported Friday.

Service sector grows for first time since Sept.

The economy's service sector grew in January for the first time since September while the pace of job losses moderated, a private trade group said Wednesday.

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