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Trump Proposes Closing Department of Education via Executive Action

                                     In a bold move, U.S. President Donald Trump has announced his intention to dismantle the Department of Education through executive action. Trump, who has long criticized the federal government's role in education, believes that states should have more control over their schools. During a press conference in the Oval Office, Trump stated, "We spend more per pupil than any other country in the world, and we’re ranked at the bottom of the list. What I want to do is let the states run schools." Despite acknowledging that an executive order would face significant challenges, Trump expressed his preference for working with Congress and teachers' unions to achieve this goal. The proposed dismantling of the Department of Education has sparked a debate about the future of federal involvement in education. Critics argue that eliminating the depart...
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U.S. Job Market Shows Resilience with 227,000 New Jobs in November


The U.S. job market rebounded strongly in November, adding 227,000 jobs, a significant recovery from October's meager gain of 36,000 jobs. This bounce-back was largely due to the return of Boeing workers and the recovery from recent hurricanes. Despite this positive job growth, the unemployment rate ticked up slightly to 4.2% from 4.1% in October.

The Labor Department's report highlighted that hourly wages rose by 0.4% from October to November and 4% from a year earlier, indicating continued wage growth despite the economic challenges. The job gains were concentrated in healthcare, social assistance, leisure and hospitality, and government sectors.

Economists noted that while the job market remains strong, it has lost some momentum compared to the hiring boom of 2021-2023. The Federal Reserve's interest rate hikes aimed at taming inflation have contributed to this gradual slowdown.

Overall, the November employment report suggests that the U.S. job market is resilient but facing headwinds from higher interest rates and ongoing economic adjustments.




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