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US adds 263K jobs in November, causing inflation woes The U.S. economy added 263,000 jobs in November, boosting a labor market that has proven surprisingly resilient, while the Federal Reserve’s primary task has been complicated by tackling inflation, which remains the nation’s biggest economic threat. . .
The optimistic reading from the Bureau of Labor Statistics, released on Friday, was slightly lower than in October, but still exceeded historical norms and analysts’ expectations. The unemployment rate was unchanged at 3.7%.