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flag October job growth surged to 276,000, above expectations, with steady unemployment and rising wages.

flag In a major shift for the U.S. economy, the Labor Department reported that job growth in October exceeded expectations, with 276,000 new positions added—well above the projected 200,000. flag Unemployment held steady at 4.1%, and average hourly earnings rose 3.2% year-over-year, signaling continued inflationary pressure. flag The data suggests sustained labor market strength, though analysts caution that wage growth could complicate Federal Reserve efforts to cool inflation.

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