U.S. unemployment rate hits five-year low, eyes on the Fed
By Lucia Mutikani
WASHINGTON (Reuters) - U.S. employers hired more workers than expected in November and the jobless rate fell to a five-year low of 7.0 percent, raising chances the Federal Reserve will start ratcheting back its bond-buying stimulus sooner rather than later.
Nonfarm payrolls increased by 203,000 new jobs last month, the Labor Department said on Friday.
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