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U.S. adds 165,000 jobs, but wage growth struggles to keep up with inflation

U.S. adds 165,000 jobs, but wage growth struggles to keep up with inflation
Photo: WXYZ Channel 7 (ABC Detroit) - News · view original

The U.S. economy added 165,000 jobs in October, continuing a stretch of job growth after a slowdown early in the summer. The new data comes as unemployment claims dropped to a 57-year low in October. Combined, the government data show a stable labor market, with relatively few people switching jo...

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