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Unemployment Falls

For the fourth straight month, unemployment has fallen. It now stands at a five year low 7-percent.
(NBC News) The job market may be gradually improving, but the gains aren't showing up in worker's paychecks.

And the resulting belt-tightening continues to weigh on an economy heavily dependent on consumer spending.

Five years after the Great Recession, millions of unemployed Americans are gradually getting back to seeing a steady paycheck. 

The latest data from the government showed the unemployment rate fell faster than expected in November to 7.0 percent as employers added 203,000 new jobs last month.

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