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Jobs Report Likely Keeps Fed on Track for Rate Rise in March
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wsj.comAnother decline in the unemployment rate in December is likely to keep Federal Reserve officials on track to lift interest rates from near zero as soon as their policy meeting in March.
Employers added 199,000 jobs in December, the Labor Department said on Friday. Revisions to the previous two months showed an additional 141,000 jobs had been created above earlier estimates. The unemployment rate fell to 3.9%.
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