The American economy continued its winning ways in January despite the government shutdown, which caused unemployment to bump up to 4.0 percent from 3.9 percent in December.

The economy added 304,000 new jobs, way above expectations of about 165,000. Construction jobs are up 338,000 from a year ago, and manufacturing jobs are up 261,000. The participation rate, the percentage of the working-age population that is employed, ticked up to 63.2 percent from December’s 63.1 percent and well above last January’s 62.7 percent.


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