US Employment Report for November
Employers in the United States added 227,000 workers to their payrolls in November, with the unemployment rate edging up to 4.2 percent. The October report was revised, showing an increase in job numbers. Various sectors experienced gains and losses in employment.
Key Points
- Private sector payrolls expanded by 194,000
- Manufacturing employment grew by 22,000
- Health care added 54,000 jobs
Pros
- Strong job growth in November with 227,000 workers added to payrolls
- Average hourly earnings rose by 0.4 percent
Cons
- Retail trade lost 28,000 jobs