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US hiring accelerates; annual wage growth strongest since 2009

Economists say the job gains are being driven by buoyant domestic and global demand

Published Fri, Feb 2, 2018 · 09:50 PM
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Washington

US job growth surged in January and wages increased further, recording their largest annual gain in more than 8½ years, bolstering expectations that inflation will push higher this year as the labour market hits full employment.

Non-farm payrolls jumped by 200,000 jobs last month after rising 160,000 in December, the Labor Department said on Friday.

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