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U.S. economy adds 245,000 jobs in November as rate of recovery slows

Axios Visuals. Bureau of Labor Statistics.

The U.S. economy added 245,000 jobs in November, while the unemployment rate fell to 6.7% from 6.9%, the government said on Friday.

Why it matters: The labor market continues to recover even as coronavirus cases surge— though it's still millions of jobs short of the pre-pandemic level. The problem is that the rate of recovery is slowing significantly.

This story is breaking news. Please check back for updates.

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