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The U.S. Job Market Just Hit Another Milestone

Full-time jobs are back on top

El-Erian: Jobs Report Creates Uncertain, Tentative Fed

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The U.S. economy reached its latest milestone in August, with the number of full-time jobs soaring to a new record.

The level climbed to 122 million, exceeding the prior peak reached in November 2007, a month before the recession started. A full-time worker is defined by the Labor Department as one who works 35 hours or more a week.