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U.S. Employment Seen Rebounding In January, May Allay Growth Fears

wochit business
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February 04, 2014 AT 9:50 PM
U.S. hiring likely snapped back from a three-year low in January and kept the unemployment rate steady at 6.7 percent, which could ease investors' fears the economy is slowing sharply. Nonfarm payrolls are expected to have increased by 185,000 last month, according to Reuters' poll of economists, after unseasonably cold weather in December limited gains to 74,000.