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Economy defies weather, adds 175,000 jobs in February as the unemployment rate rises to 6.7 percent

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The economy added 175,000 jobs in February and the unemployment rate ticked up to 6.7 percent, the Bureau of Labor Statistics reported Friday, defying warnings that a harsh winter would continue to cloud the picture of the strength of the U.S. economy. Analysts had expected roughly 150,000 new jobs. Payrolls for the previous two months were revised up by 25,000. Friday's report was widely...

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