April 7, 2017 8:48 PM

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US unemployment rate falls to 4.5%; lowest in nearly 10 years

The US unemployment rate fell in the last month to 4.5 per cent, its lowest level in nearly 10 years, but job creation tumbled unexpectedly. The Labour Department reported today, that after months of pumping out new jobs at a steady clip, the world's largest economy added only 98,000 net new positions last month.

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