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Strong Jobs Report Shows Resilience of Economic Recovery



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January’s surprisingly strong job gains and wage growth handed the White House a win to talk about at a moment when consumers are unsure about the economy, and will likely make it easier for the Federal Reserve to explain why it is poised to raise interest rates.But those big numbers could also stoke fears that economic policymakers have an even more urgent inflation problem on their hands, and will fuel Wall Street speculation that the Fed could go bigger and faster in removing its economic help in a bid to choke off price pressures.Hiring surprised forecasters, as employers added 467,000 jobs instead of the lackluster 125,000 that analysts had expected amid the virus …

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