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| June 17, 2019

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Job market resilience eases growth concerns -

People wait in line to meet a job recruiter at the UJA-Federation Connect to Care job fair in New YorkBy Lucia Mutikani WASHINGTON (Reuters) – Employment rose at a faster pace than expected in April and hiring was much stronger than previously thought in the prior two months, a sign of resilience that should help the economy absorb the blow from belt-tightening in Washington. Nonfarm payrolls rose by 165,000 jobs last month and the unemployment rate fell to 7.5 percent, the lowest level since December 2008, the Labor Department said on Friday. The job counts for February and March were revised up by a net 114,000. "This bolsters the case that the U.S. …



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