Meanwhile in the US, 476,000 new jobs were created last month as the economy appears to recover from the Omicron disruption. That’s far more than the 150,000 expected, with some economists fearing employment would have shrunk in January.
November and December’s data was revised up too, to show another 700,000 more jobs than originally measured. Earnings growth also rose, which should help America families facing their own inflation pressures \nIt looks to be an encouraging sign for the US economy. But it could also spur America’s central bank to hike interest rates several times this year. Here’s the full story:
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