Payrolls in U.S. Rise 203,000; Jobless Rate at 7%

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Dec. 6 (Bloomberg) -- Employers added more workers than forecast in November and the jobless rate dropped to a five-year low of 7 percent. The 203,000 increase in payrolls followed a revised 200,000 advance in October, the strongest back-to-back gain since February-March, Labor Department figures showed today in Washington. Peter Cook reports on Bloomberg Television's "In the Loop." (Source: Bloomberg)

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