Job growth soared in November. 266,000 jobs were added last month, beating the 187,000 jobs expected. Unemployment fell back to 3.5%.
The vehicles and parts sector had fallen by 42,800 in October. However, the job gains were spread among a multitude of sectors. Health care added 45,000 positions after contributing just 12,000 in October.
Average hourly earnings rose by 3.1% from a year ago, while the average work week held steady at 34.4 hours. In addition to the robust November gains, revisions brought up totals from the two previous months. September's estimate went up 13,000 to 193,000 and the initial October count increased by 28,000 to 156,000. Those changes added 41,000 to the previous tallies and brought the 2019 monthly average to 180,000, compared with 223,000 in 2018.
The unemployment rate of 3.5%, down from 3.6% in October, is back to the 2019 low and matches the lowest jobless rate since 1969.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Here’s What To Expect From The November Jobs Report, According To Market ExpertsFriday’s jobs report will deliver key insights into the U.S. economy.
Leer más »
US economy smashes forecasts, adds 266,000 jobs in NovemberThe country has created jobs for 110 consecutive months, but gains have moderated this year amid cooler growth and trade escalations.
Leer más »
How “Greedy” Jobs And Inflexible Schedules Impact The Gender Pay GapNew research shows that greedy professions are a significant driver of the ongoing gender pay gap. They may demand and even financially reward long hours, but that does not mean they are healthy. Long hours frequently backfire in the form of burnout and stress for individuals, while not necessarily
Leer más »
Watch Friday’s Jobs Report for Clues on Economy’s TrajectoryThe November jobs report comes out today. Economists expect that employers added jobs at a solid pace during the month while unemployment remained historically low. Here's what else to watch for:
Leer más »
Treasury yields tick higher as investors await jobs reportU.S. government debt prices were lower Friday morning, as investors await key jobs data.
Leer más »
European stocks seen higher ahead of US jobs reportEuropean stocks are set to open higher Friday morning as investors await employment data out of the U.S. and monitor trade developments between Beijing and Washington.
Leer más »