Unemployment drops, but economy concerns renew

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Updated: 2/07/2014 11:39 am
WASHINGTON, D.C. (MyNews4.com & KRNV) -- Employers added fewer jobs than expected in January, renewing concerns that the U.S. economy might be slowing.

On Friday, the Labor Department said that employers added 113,000 jobs in January, less than the average monthly gain of 194,000 in 2013. Employers in December also posted a lukewarm increase of just 75,000.

More people actually started looking for work in January, a sign they were optimistic about the job market. It helped lower the unemployment rate slightly to 6.6%, which is the lowest rate since October 2008.
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