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The debate on salary vs hourly wage continues, with opinions divided. To calculate annual salary from an hourly wage, multiply the hourly rate by the number of hours worked per week and then by 52 weeks. Conversely, to find the hourly rate from a salary, divide the annual salary by the number of hours worked per year. Meanwhile, economic news in the U.S. shows 256,000 jobs added in December, with an unemployment rate of 4.1%.

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