US economy adds 49,000 jobs in January — a grim sign for the jobs recovery

A delivery worker rides along a street as snow continues to fall in Times Square on February 01, 2021, in New York City. NYC Mayor Bill de Blasio declared the State of Emergency as a Nor'Easter is expected to bring blizzard-like conditions with up to 18 inches of snow into the city. Scott Heins/Getty Images

America's jobs recovery has lost steam: Even though 49,000 jobs were added in January, the nation is still down nearly 10 million jobs since before the pandemic.

Friday's January jobs report also showed that the unemployment rate fell to 6.3%, beating economists' expectations, marking the first decrease in two months.

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