U.S. added 517,000 jobs in January, per 'astonishingly strong' jobs report

The U.S. added 517,000 jobs last month, smashing Wall Street estimates, while the unemployment rate fell to 3.4 percent, its lowest level since May 1969, the Bureau of Labor Statistics said Friday.

But the "astonishingly strong" report may present the Federal Reserve, who only just slightly slowed its aggressive, inflation-fighting interest rate increases, with a bit of a challenge.

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