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US Jobless Rate Lowest Since 2008

The U.S. unemployment rate fell last month to 7 percent, its lowest point in five years.The government said Friday that employers added another 203,000 workers to their payrolls in November - more than some economists predicted, and a sign that the world's largest economy is continuing to steadily recover from the steep recession in 2008. October's jobless rate was 7.3 percent, but the government said employment picked up last month in transportation and warehousing, health care and...

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