211,000 Jobs Added In November
The economy is ticking along, with 211,000 jobs added in November and the unemployment rate stable at 5%.
Economists had estimated that nonfarm payrolls grew by 200,000 jobs last month, while the unemployment rate was unchanged at 5%.
Average hourly earnings grew 0.2% month-on-month, unchanged from October. Compared to the same month last year, earnings growth was also unchanged, at 2.3%.
And, the labor force participation rate was little changed from the prior month, at 62.5%.
This report was the last big data point ahead of the Fed’s two-day policy meeting in two weeks. Economists had expected that a report that was just good enough would cement the Fed’s conviction to hike rates for the first time in nine years.
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7 responses to 211,000 Jobs Added In November
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Obewon December 4th, 2015 at 09:32
‘The labor force participation rate was little changed from the 1970’s through this prior month, at 62.5%’
William December 4th, 2015 at 09:59
“Exploding head cleanup isle 4, fair and balanced network”
Jimmy Fleck December 4th, 2015 at 10:22
Well this is just as easy to write the headline as “House GOP policies lead to another month of job growth” You will notice the positive job growth started about the time the GOP took over the House in 2010 right?
rg9rts December 4th, 2015 at 11:01
But the gopee claims its all smoke and mirrors….LIES LIES I tell you
rg9rts December 4th, 2015 at 11:00
The gopee must be in convulsions
Maxx44 December 4th, 2015 at 12:23
Our America hating, Muslim, socialist, communist, fascist, Kenyan president has really stomped on America’s capitalist system.
William December 4th, 2015 at 12:28
He completely failed as a socialist.