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Axios
Axios
Business

U.S. economy adds 263,000 jobs in November

Economy Jerome Powell Recession
Data: Bureau of Labor Statistics; Chart: Axios Visuals

The jobs market stayed strong last month: Employers added 263,000 jobs, while the unemployment rate held at 3.7%, near the lowest level in a half-century, the Labor Department said on Friday.

Why it matters: The figures are the latest signal of a roaring labor market that continues to defy fears of a recession.

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