| The U.S. added 211,000 jobs in November, clearing the way for a likely Fed rate increase this month |
Friday, December 4, 2015 8:38 AM EST - |
| The American economy created 211,000 jobs in November, a robust showing that all but guarantees policy makers at the Federal Reserve will raise interest rates for the first time in nearly a decade when they meet this month. |
| With the meeting less than two weeks away, investors, economists and central bankers the world over had been eagerly anticipating the jobs report released Friday by the Labor Department. |
| The unemployment rate held steady at 5 percent, unchanged from October. |
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