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Unemployment dropped to 8.5%

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Definitely positive news including 200,000 new jobs last month.

The U.S. unemployment rate unexpectedly fell to 8.5 percent last month as job creation was more robust than expected, providing continued signs that the nation's labor market is improving gradually. Growth in manufacturing jobs helped offset loss in government positions, while wages edged higher and the length of the work week also lengthened a bit.

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