US job growth accelerates in November; unemployment rate rises to 4.2%

U.S. job growth surged in November after being severely constrained by hurricanes and strikes, but this probably does not signal a material shift in labor market conditions that continue to ease steadily and allows the Federal Reserve to cut interest rates again this month.

U.S. job growth surged in November after being severely constrained by hurricanes and strikes, but this probably does not signal a material shift in labor market conditions that continue to ease steadily and allows the Federal Reserve to cut interest rates again this month.

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