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Job market shows resilience with 187,000 new jobs despite Fed's high-interest rates

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The job growth marked an increase from July's revised gain of 157,000 but still pointed to a moderating pace of hiring compared with earlier this year.

File - A construction worker wires rebar for a foundation, Friday, March 17, 2023, in Boston. On Friday, the U.S. government issues the August jobs report.

 

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