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May 23, 2024 6:22 am

U.S. Job Market Surges as Unemployment Drops to 3.7%

According to the latest report from the Bureau of Labor Statistics, the United States gained 199,000 jobs in November, while the unemployment rate declined to 3.7 percent. Average hourly wages rose 4.0 percent over the past year and increased by 0.4 percent, or 12 cents, compared to October. The most notable job gains were observed …