U.S. nonfarm payrolls increase by the most in 10 months
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WASHINGTON (Reuters) - U.S. job growth increased by the most in 10 months in November as former striking workers returned to General Motors' payrolls and the healthcare industry stepped up hiring, confirming that the economy remained on a moderate expansion path despite a prolonged manufacturing slump.The Labour Department's closely watched monthly employment report on Friday showed steady wage gains and the unemployment rate falling back to 3.5%. The report validates the Federal Reserve's..