US economy thrives while others struggle
America has made significant progress in working off the debt-driven excesses that precipitated a bad recession
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Washington
THE US is proving to be an oasis of prosperity in the midst of a troubled world economy.
Unemployment dropped to a six-year low of 5.9 per cent in September as payrolls rose by a greater-than-forecast 248,000, a Labor Department report showed on Friday. Other data released last week showed US factories had their strongest quarter in more than three years, while exports rose to a record in August.
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