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US Economy Gains 292,000 Jobs In December

The U.S. economy had a net gain of 292,000 jobs in December, a sign that the world's largest economy is growing at a solid pace. Friday's report from the Labor Department says the unemployment rate held steady at 5 percent for the third straight month. The data show that wages grew a tepid 2.5 percent over the past year. Exceeds expectations The job gains are far larger than most economists expected, with business services, construction, health care, and...

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