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Friday, December 8, 2017

News Alert: Another strong jobs report

The American economy continues its strong performance.

Employers added 228,000 jobs in November, while the unemployment rate remained at a 17-year low of 4.1%, the government reported Friday.

The report also showed that on average weekly paychecks increased by 3.1% over the last 12 months, the first time that reading has topped 3% in nearly seven years. But much of that gain came from Americans working longer hours, as the average hourly pay did not increase by quite as much.

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