U.S. economy adds 199,000 jobs in November

Investing.com – The U.S. economy added more jobs than anticipated in November.

increased by 199,000 jobs last month after rising by 150,000 in October, according to data from the Labor Department’s Bureau of Labor Statistics. Economists had estimated that payrolls would climb by 180,000 roles.

, a key gauge of wage growth, rose at a monthly pace of 0.4% versus October, accelerating from a previous reading of 0.2% and faster than predictions of 0.3%. The in the world’s largest economy, meanwhile, unexpectedly ticked down to 3.7%.

This is a breaking story. Please check back later for updates.

Source link