Hiring in the U.S. increased in November 2019 to the highest rate since January of the same year and wages increased over three percent.

Employers paid no attention to trade conflicts and a worldwide slowdown and added 266,000 positions. In October, the unemployment rate dropped from 3.6 percent to 3.5 percent, matching a 50-year low, according to the Labor Department. The Dow Jones industrial average soared over 300 points to the cheers of investors.

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