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Jump in US Jobs Eases Future Interest-Rate Hike

The U.S. said Friday its labor market rebounded sharply from three months of weak job growth, adding 271,000 more jobs in October and likely easing the way for the central bank to raise interest rates next month. The Labor Department reported the U.S. unemployment rate edged down to 5 percent last month - the lowest rate in seven years. The world's largest economy shrugged off a sluggish manufacturing sector, showing strong job growth in professional and business services, health...

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