Posted on 02 February 2013.
The US economy continued its moderate recovery last month as employers added jobs at a steady pace, although not fast enough to bring the nation’s unemployment rate down. But revisions to 2012 data also released Friday by the Labor Department showed stronger job growth than initially estimated, helping to spur a rally on Wall Street that briefly pushed the Dow Jones industrial average above 14,000 for the first time in more than five years. The Dow was 13,995, up 133 points, shortly before 1 p.m.
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