Some good news in the US. US Economy Adds 271K Jobs in October
Nonfarm payrolls increased by 271 thousand in October of 2015, the biggest gain since December and well above market expectations. Job gains occurred in professional and business services, health care, retail trade, food services and drinking places, and construction. The unemployment rate now stands at its lowest level since April 2008 and is in a range many Fed officials see as consistent with full employment.
The U.S. central bank, which has held rates near zero for nearly seven years, has made clear, both in its statement after its October policy meeting and Yellen's subsequent comments, that a rate hike is firmly on the table at the Dec. 15-16 meeting
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