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Job Market Keeps Building
The job market is a lot healthier than many had believed. Newly revised data show the 3-month new job average at 200,000, getting closer to the 250,000 benchmark that economists believe is key to making serious headway on the unemployment rate. The economy added 157,000 jobs last month as expected. And the unemployment rate inched higher to 7.9 percent. But even that was seen as a good sign. S&P's Beth Ann Bovino explains:
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