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- U.S. economy added 321,000 jobs in November
U.S. economy added 321,000 jobs in November
The U.S. Labor Department released the labour market data on Friday. The U.S. economy added 321,000 jobs in November, exceeding expectations for a rise of 225,000 jobs, after a gain of 243,000 jobs in October. October's figure was revised up from a rise of 214,000 jobs.
The U.S. economy has added at least 200,000 jobs for 10 months in a row. This is the longest growth period since 1995.
The U.S. unemployment rate remained unchanged at 5.8% in November, in line with expectations.
Average hourly earnings climbed 0.4% in November, beating forecasts of a 0.2% gain, after a 0.1% increase in October.
The labour-force participation rate remained unchanged at 62.8% in November.
These figures are signs that the labour market in the U.S. is strengthening.
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