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U.S. hiring stays strong, complicating Fed's inflation fight

The nation’s employers kept hiring briskly in November despite high inflation and a slow-growing economy — a sign of resilience in the face of the Federal Reserve’s aggressive interest rate hikes

The nation’s employers kept hiring briskly in November despite high inflation and a slow-growing economy — a sign of resilience in the face of the Federal Reserve’s aggressive interest rate hikes. The economy added 263,000 jobs, while the unemployment rate stayed 3.7%, still near a 53-year low. November’s job growth dipped only slightly from October’s 284,000 gain. Last month’s hiring amounted to a substantial increase. All year, as inflation has surged and the Fed has imposed ever-higher borrowing rates, America’s labor market has defied skeptics, adding hundreds of thousands of jobs, month after month. With not enough people available to fill jobs, businesses are having to offer higher pay to attract and keep workers. Read moreU.S. hiring stays strong, complicating Fed's inflation fight

The PGA Tour referred to Rory McIlroy and Lydia Ko as golf royalty because they ruled the golf world this year. They had great years, no doubt. But neither won a major. And when it comes the PGA Tour, such a label dismisses Scottie Scheffler and ignores Cameron Smith. Both won more than McIlroy. Each won a major. What men's golf had this year was three great years by three players. What makes McIlroy stand out is winning the points title on two tours. And mostly it's for his strong voice of support for the PGA Tour in its fight with LIV Golf. Read moreColumn: 3 great years in golf, 2 of them already forgotten

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