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The Economic Times
The Economic Times
Business

Charting the global economy: US Job Growth exceeds projections

(Bloomberg) --The US labour market gathered momentum last month with hiring gains dispersed throughout most sectors.

The report indicates the job market is powering through uncertainty from the Iran war and pressure from inflation. Federal Reserve officials will likely read it as bolstering the argument for raising interest rates, though next week’s consumer price data will prove key to the central bank’s decision later this month.

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