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US unemployment ticks down as hiring accelerates
US unemployment ticks down as hiring accelerates
Business and Economy
by  AFP

The United States saw its jobless rate edge down in November while hiring rose more than expected, government data showed Friday, as policymakers mull the need for further efforts to cool the economy. Rubeela Farooqi, chief US economist at High Frequency Economics, said she continues to expect a cooling in the labor market as the effect of higher interest rates flows through the economy.