Payrolls up 257K in January Alongside Strong Upward Revisions for 2014

Summary

Net revisions to the establishment survey amounted to 1.6 million additional jobs for 2014. The unemployment rate rose to 5.7% in January with the participation rate up to 62.9%. Job growth expected to accelerate to 2.1%, with the unemployment rate at 5.3% for 2015

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