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November Jobs Report Offers Early Test to Market’s ‘One-and-Done’ Fed Rate Bet

“Analysts estimate that U.S. employers created 200,000 new jobs last month, down from the 250,000 added in October and slightly below the 212,500 pace recorded over ten months so far this year” writes Martin Baccardax for thestreet.com. “The strong economic momentum means there is little reason to expect a significant drop-off in demand for workers anytime soon and given the tightness of the jobs market this suggests further upside for wages,” said ING’s chief international economist James Knightley.
 
Source: thestreet.com



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