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US Nonfarm Payrolls Post Largest Gain in 18 Months

U.S. job growth surged in February, recording its biggest increase in more than 18 months, but a slowdown in wage gains pointed to a gradual increase in inflation this year. Nonfarm payrolls jumped by 313,000 jobs last month, boosted by the largest gain in construction jobs since 2007, the Labor Department said today. The...