The US unemployment rate climbed to 9.8 per cent in November, the Labour Department reported recently sharply denting hopes that the labour market was beginning to recover after months of stagnation. The jobless rate is the highest since April, The department said just 39,000 jobs were added during the month, compared to a revised 172,000 jobs added in October. The jobless rate had remained at 9.6 per cent over the last three months. The move deeply disappointed analysts after some positive weekly data suggested an improvement was in the offing, and is likely to fuel fears of a "jobless recovery" taking hold.
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