U.S. payrolls rise 304,000 while wage gains cool amid shutdown

UNITED STATES nonfarm payrolls increased by 304,000 in January, the most in almost a year, after a downwardly revised 222,000 gain the prior month. BLOOMBERG NEWS FILE PHOTO/JEENAH MOON
UNITED STATES nonfarm payrolls increased by 304,000 in January, the most in almost a year, after a downwardly revised 222,000 gain the prior month. BLOOMBERG NEWS FILE PHOTO/JEENAH MOON
NEW YORK - United States hiring in January topped all forecasts while wage gains cooled and the government shutdown pushed up the unemployment rate, signaling job gains remain robust without major inflation pressures that would worry Federal Reserve officials. Nonfarm payrolls increased by 304,000, the most in almost a year, after a downwardly revised 222,000 gain…

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