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What to Expect in the Monthly Jobs Report
Eastern time, the Labor Department will report the latest figures on hiring and unemployment in November. October delivered 161,000 new jobs, and nudged the jobless rate back down to 4.9 percent, according to the Labor Department. For November, a Bloomberg survey shows that Wall Street estimates that the economy will gain 180,000 jobs - about what it has been averaging in 2016. Before meetings of the Federal Reserve, Wall Street often scrutinizes the jobs report to to search for clues about the central bank's intentions.
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