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Charting the Global Economy: Jobless Rate in U.S. Falls Below 4%

A job recruitment sign in Seymour, Indiana.
A job recruitment sign in Seymour, Indiana.Photographer: Luke Sharrett/Bloomberg

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The U.S. jobless rate dropped below 4% to close out 2021 and monthly wage growth accelerated, setting the table for a Federal Reserve interest-rate liftoff as soon as March.