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Solid growth in Oct US employment and wages seals case for Dec rate hike

A final glimpse of the US economy before next week's bitterly-fought presidential election delivered a picture of relative health Friday, with job creation up and unemployment falling.


US employers maintained a strong pace of hiring in October and boosted wages for workers, which could effectively seal the case for a December interest rate increase from the Federal Reserve.

Non-farm payrolls increased by 161,000 jobs last month, the Labor Department...

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