November Jobs Report: U.S. Creates 203,000 Jobs, Unemployment Rate Down To 7%

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The U.S. economy added 203,000 jobs in November, as the unemployment rate falls to 7.0 percent, the Bureau of Labor Statistics reported Friday.

The Associated Press reports:

A fourth straight month of solid hiring cut the U.S. unemployment rate in November to a five-year low of 7 percent. The gains in the job market could spur greater economic growth.

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