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Report, in line with expectations, suggests job market continues to recover.
Report suggests U.S. job market remained firm at year-end.
Elimination of payroll tax cut will limit first-quarter growth to 1%.
Despite Sandy, 146,000 jobs added last month; unemployment rate declines to 7.7%.
Sandy's impact wanes on claims, but storm is expected to dampen November payroll gains.
Stronger-than-expected growth reflects pick-ups in consumer and government spending, residential construction.