November saw surging job growth, beating Wall Street expectations, as 266,000 jobs were added to the U.S. economy last month by skleb1234
The U.S. jobs market grew at a much better-than-forecast rate in November, easily beating Wall Street expectations and suggesting that the economy’s momentum can continue into the end of the year, the latest monthly report from the Labor Department shows.
That was one of the highest preliminary estimates this year, thanks to a temporary boost from General Motors autoworkers, whoThe unemployment rate was expected to remain unchanged from last month, but actually ticked down to 3.5% from 3.6%, which is the lowest rate since 1969, according to CNBC.
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