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December 6, 2021

Jobless rate sinks to 4.2%

By CHRISTOPHER RUGABER
AP Economics Writer

WASHINGTON — America's unemployment rate tumbled last month to its lowest point since the pandemic struck, even as employers appeared to slow their hiring — a mixed picture that pointed to a resilient economy that's putting more people to work.

The government reported Friday that businesses and other employers added just 210,000 jobs in November, the weakest monthly gain in nearly a year and less than half of October's increase of 546,000.


 
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