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Economy adds 304K jobs in January

The economy added 304,000 jobs in January.

The unemployment rate ticked up to 4 percent from 3.9 percent, even as figures on labor participation remained steady.

The Labor Department had said earlier it would consider the 800,000 federal workers who were furloughed or working without pay during the shutdown fully employed. But in Friday’s jobs report, it said that the shutdown had contributed to the uptick in unemployment.

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