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Alpha Diallo in Alpha Diallo,

January Jobs Creation by Sector

1. Surprisingly, construction added 48,000 new positions.

2. Professional and business services added 36,000 new positions.

3. Manufacturing added 21,000 positions.

4. Leisure and hospitality added 24,000, down from the previous 38,000 positions in December.

5. Wholesale Trade added 14,000 positions.

Overall it was a lousy jobs report, except for construction. After this jobs report, I believe Congress will pass an extension of unemployment benefits.