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US Job Creation Surges in June

U.S. job creation surged in June, with a net gain of 287,000 jobs across the world's largest economy. That is hundreds of thousands more than the prior month and stronger than most economists predicted. Friday's report from the Department of Labor also showed the unemployment rate at a low 4.9 percent, which is a two-tenths of a percentage point increase from the previous month.  Experts say the rising unemployment rate is due to an increased number of jobless Americans...

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