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US Unemployment Falls to 4.6 Percent

Employers hired American workers at a brisk pace in November, pushing the unemployment rate down to a nine-year low of 4.6 percent, a reflection of rising confidence in the U.S. economy. The solid jobs report is yet another signal that the Federal Reserve will raise interest rates later this month. The U.S. Labor Department reported Friday that non-farm payrolls increased by a seasonally adjusted 178,000 last month, which was generally in line with economists' predictions of...

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