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U.S. adds 216000 jobs as December gainsstrengthen
The government reports 216000 new jobs in December with unemployment at 3.7 percent. Wage growth rose 4.1 percent year over year, signaling a resilient labor market and complicating Federal Reserve rate cut timing. The stock market ended the week lower amid inflation worries.
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Washington
Federal Reserve
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New York
Wall Street
Treasury
U.S
Paul Ashworth
North America
Capital Economics
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