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U.S. labor market shrugs off recession fears; keeps Fed on tightening path

Written by Black Hot Fire Network on December 2, 2022

Nonfarm payrolls increase 263,000 in November
Unemployment rate steady at 3.7%; participation rate falls
Average hourly earnings rise 0.6%; up 5.1% year-on-year

WASHINGTON, Dec 2 (Reuters . . .

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