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US jobs market dodges state shutdown

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Washington - US job growth unexpectedly accelerated in October as employers shrugged off a government shutdown, suggesting the budget standoff had a more limited impact on the economy than initially feared. Employers added 204,000 new jobs to their payrolls last month, the Labor Department said on Friday. The unemployment rate, however, rose to 7.3 percent from September's nearly five-year low of 7.2 percent. The department said there had been no “discernible” impact on payrolls from the 16-day federal government shutdown, adding that it had received an...

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