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US job creation stalled in December

Abel Serrano (left) and Gladys Arocho use computers at a Workforce One Employment Solutions center as they look for jobs on January 7, 2014 in North Miami, FloridaThe US added a paltry 74,000 jobs in December, in a slowdown in employment creation that put pause to hopes that the economy has moved into higher gear. The Labor Department data released Friday was far below the 197,000 jobs economists had expected, and less than half the monthly average of the past 12 months.