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November's robust job growth, reflecting a steadily rising economy, could make it likelier that the Federal Reserve will start raising interest rates by mid-2015 as many economists have speculated. The Fed has kept its key short-term rate at a record low near zero since 2008 to support the economy.

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US Adds 321,000 Jobs, the Most in Nearly 3 Years

A burst of U.S. hiring in November—the most in nearly three years—added 321,000 jobs and provided the latest evidence that the United States is outperforming other economies throughout the developed …

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