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Job creation surges in January, report says

U.S. businesses continued to hire at a healthy pace in January. Payroll processor ADP said Wednesday that companies added 234,000 jobs. Job gains at that pace are easily enough to drive down an already-low unemployment rate. Companies have been steadily adding jobs for the past eight years. On Friday, the government’s employment report for January will likely show a gain of 175,000 jobs.

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