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Stellar jobs data push US stocks to new records

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The US economy added a better-than-expected 531,000 jobs last month as a wide range of industries took on workers

The US economy added a better-than-expected 531,000 jobs last month.WASHINGTON - Blockbuster job creation helped push US stocks to new records on Friday, with an added boost from news of Pfizer's new Covid-19 treatment.

The better-than-expected result indicated hiring is resurging as Covid-19 infections decline, and job gains in August and September were 235,000 stronger than originally reported. "With America's resurgent economy piling on well over half a million new jobs in October alone, we're firmly in boom territory."

 

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other Nations are recovering ❤️‍🩹, SA on 34% unemployment rate, the stats really breaks my heart 💔, are we ever going to recover from this ?

Good country, good economy. Then come to SA bad country with corrupt politicians we're doomed. The anc failed us since 1994 and we expect a change now haha

People should take note from the US. Over the last 100 years they have consistently created jobs for everyone who is physically and or mentally able.

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European stocks on front foot before US jobs dataEurope's main stock markets rose Friday, with Paris hitting a record peak as investors awaited key US jobs data.
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