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US jobless rate falls as wages jump

January 07, 2022 10:36 PM

WASHINGTON (BLOOMBERG) – The US unemployment rate fell below 4 per cent and wages jumped last month, adding to evidence of a tight labor market that’s expected to help spur Federal Reserve interest-rate liftoff as soon as March despite disappointing payroll growth.

Source : https://www.straitstimes.com/business/economy/us-jobless-rate-falls-as-wages-jump

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