U.S. Payrolls Increase; Jobless Rate Rises to 7.9%

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Feb. 1 (Bloomberg) -- Hiring increased in January after accelerating more than previously estimated at the end 2012. Payrolls rose 157,000 following a revised 196,000 advance in the prior month and a 247,000 surge in November, Labor Department figures showed today in Washington. The jobless rate increased to 7.9 percent from 7.8 percent. Peter Cook and Michael McKee report on Bloomberg Television's "In the Loop." (Source: Bloomberg)

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