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US Added 250,000 Jobs, Wage Growth Fastest Since 2009

U.S. employers added a stellar 250,000 jobs last month and boosted average pay by the most in nearly a decade in an effort to attract and keep workers. The Labor Department's monthly jobs report, the last major economic data before the Nov. 6 election, also shows the unemployment rate remained at a five-decade low of 3.7 percent. The influx of new job-seekers lifted the proportion of Americans with jobs to the highest level since January 2009. Consumers are the...

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