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News Wrap: Unemployment falls to 8-year low, but job growth slows
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In our news wrap Friday, while the U.S. unemployment rate dropped to 4.9 percent in January -- its lowest level in eight years -- the Department of Labor said that only 151,000 new jobs were added to the economy, a slower pace than the last two months. Also, a 6.4. magnitude earthquake rocked southern Taiwan. Local media reported that multiple buildings collapsed.