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a better than expected jobs report today from the labor department which showed the U.S economy added a whopping 517 thousand jobs last month the unemployment rate dipped to 3.4 percent ABC News Chief business correspondent Rebecca Jarvis helps us unpack these numbers so Rebecca talk about a surprise here we were expecting what about 200 000 jobs or less to be added and now weve got this number of over 500 000 the unemployment rate dipping just a little bit what does this tell you about the state of the job market and the economy right now uh well Alexis its not the balloon story but it is certainly a blowout for the jobs market and really what it tells you is that all of the fear around recession and what hiking interest rates which the FED has now done eight times in a row what that would do to the economy it has not materialized as far as the jobs Market is concerned those 517 000 jobs added in the month of January strongest job creation since February of 2021 and remember back in