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U.S. Job Growth Surges, Annual Wage Gain Biggest Since 2009

2018-11-03 0 Dailymotion

<br /> U.S. job growth rebounded sharply in October and wages recorded their largest annual gain in 9-1/2 years. The figures pointing to further labor market tightening that could encourage the Federal Reserve to raise interest rates again in December. <br /><br />The Labor Department’s closely watched monthly employment report on Friday also showed the unemployment rate steady at a 49-year low of 3.7 percent. <br />

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