The U.S. Bureau of Labor Statistics report shows unemployment dipped to 5.1 percent the lowest since April 2008.
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The U.S. labor market appeared to gain momentum in early September as fewer Americans filed for weekly unemployment benefits, but weak inflation pressures may complicate the Federal Reserve's decision whether to raise interest rates.In another report, the Labor Department said import prices fell 1.8 percent last month as the cost of petroleum and a range of goods fell, after 0.9 percent drop in July.August's drop in import prices was the largest in seven months and suggested a strong dollar and soft global demand continued to put downward pressure on imported inflation. In the 12 months through August, import prices declined 11.4 percent, the largest drop since September 2009 .Last month, imported petroleum prices tumbled 14.2 percent, the biggest drop since January, after falling 5.9 percent in July.
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