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US stocks maintain gains as October jobs growth beats forecasts

US stocks maintain gains as October jobs growth beats forecasts

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8.45am: Jobs growth strong The latest US jobs data showed non-farm payrolls (NFP) added 531,000 in October, more than the 400,000-plus expected, while the unemployment rate fell to 4.6%, as the labor market rebounded from a summer lull. Job growth slowed in both August and September, when payrolls significantly missed forecasts as the coronavirus (COVID-19) Delta variant impacted hiring.

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