US economy added 227K jobs in November, above expectations
The Labor Department on Friday released the much anticipated November jobs report, which showed the economy added 227,000 jobs, while the unemployment rate ticked up.
U.S. job growth rebounded in November with strong payroll gains after the lackluster October jobs report reflected labor disruptions due to hurricanes and union strikes.
The Labor Department on Friday reported that employers added 227,000 jobs in November, beating the prediction made by LSEG economists.
The unemployment rate ticked higher to 4.2%, up from 4.1% a month ago and also in line with expectations.
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