The US economy added an astonishing 517,000 jobs in January, showing that the labor market isn't ready to cool down just yet.
Economists were expecting 185,000 jobs would be added last month, according to consensus estimates on Refinitiv.
The juggernaut of a report may cause complications for the Federal Reserve, which has been trying to tame high inflation with higher interest rates, said Seema Shah, chief global strategist of Principal Asset Management.
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