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The national averages closed down last week despite Friday’s Department of Labor report stating unemployment rates are their lowest since 2001. Just 4.7 percent of Americans are out of work, thanks in part to mild weather and a construction boom, although overall the U.S. generated fewer jobs than expected—193,000 in January rather than the 250,000 predicted by economists. The Dow Jones Industrial Average closed at 10,793.62, down 119.51 points (1.09 percent) from Monday’s opening price of 10,913.13.
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