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11 Dec 2023

U.S. Job Market Resilient, Adds 199,000 Jobs in November

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In November, 199,000 jobs were added to the US economy, outpacing October. The unemployment rate decreased to 3.7%, evidencing a resilient labor market. This trend supports the Federal Reserve's position to maintain high-interest rates to manage economic growth. [Source](https://www.ft.com/content/35fa3031-83c6-4422-a2ce-5f977ba7513d)