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U.S. Economy Added 228,000 Jobs in November

The U.S. economy added 228,000 jobs in November, exceeding analysts’ estimates and holding the unemployment rate at 4.1%—the lowest it’s been since December 2000. The Bureau of Labor Statistics report early Friday showed hiring in major sectors, including manufacturing, construction and health care. Average hourly earnings rose 5 cents from October. The figures appear to bolster the Federal Reserve Open Market Committee’s plan to raise interest rates when the panel meets next week.