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U.S. adds 263,000 jobs in November and wages rise sharply — far too much for the Fed’s liking

U.S. adds 263,000 jobs in November and wages rise sharply — far too much for the Fed’s liking

Dec 7, 2022

The U.S. created a robust 263,000 new jobs in November, a historically strong pace of hiring that’s good for workers, but that also threatens to prolong a bout of high U.S. inflation.The continued rapid gains in hiring have become a big source of angst at the Federal...

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