November 2019 Jobs Report
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From the RightU.S. gains a robust 266,000 jobs; unemployment falls to 3.5%
Hiring in the United States jumped last month to its highest level since January as U.S. employers shrugged off global trade conflicts and added 266,000 jobs.
The unemployment rate declined to 3.5% from 3.6% in October, matching a half-century low, the Labor Department reported Friday. And wages rose a solid 3.1% in November compared with a year earlier.
The healthy job gain runs against a widespread view that businesses are struggling to find workers with unemployment so low. Persistent hiring should help keep consumers spending - a key engine of...
From the CenterU.S. Hiring Strengthened in November, Fueling Expansion
Employers add 266,000 jobs, unemployment rate drops to 50-year low of 3.5%.
The U.S. job market strengthened in November, as hiring jumped and unemployment fell, adding fuel to the economic expansion.
Employers added 266,000 jobs in November and the jobless rate fell to a 50-year low of 3.5%, matching September’s level, the Labor Department said Friday. Wages advanced 3.1% from a year earlier.
The stronger pace of hiring could help juice up the broader U.S. economy, which is still expanding but at a slower pace than last year. U.S. stock...
From the LeftStrong November Jobs Report Counters Anxieties Over Weakening Economy
The Labor Department’s report was much stronger than the one last month, helped in part by the end of a General Motors strike.
■ 266,000 jobs were added in November. Analysts had expected a gain of about 180,000, according to MarketWatch.
■ The unemployment rate was 3.5 percent, down from the previous month.
■ Average hourly earnings rose 0.2 percent, with a year-over-year gain of 3.1 percent.
The return of tens of thousands of striking workers to their jobs at General Motors helped supercharge hiring totals last month.