Monday, December 10, 2012

Jobs expand steadily, but fears revive

Employers added 146,000 jobs in November, about twice as many as predicted, and unemployment drops to 7.7%. But uneasy consumers and businesses are holding back.

WASHINGTON — The U.S. economy maintained a moderate pace of job growth last month despite the devastation from Superstorm Sandy, but the unexpectedly bright news was tempered by signs that consumers have joined businesses in worrying about the "fiscal cliff."

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