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203,000 jobs added in November, unemployment falls to 7.0 percent as labor markets show resilience

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U.S. labor markets continued to show resilience in November, adding 203,000 jobs as the unemployment rate fell from 7.3 percent to 7.0 percent. Friday’s report from the Bureau of Labor Statistics shows job growth slightly higher than last month, and the unemployment rate drifting down close to the 6 percent range — a significant milestone. The unemployment rate has not been 7 percent since late...

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