November Job Growth Soars With 266K Jobs Added
November Job Growth
Soars With 266K Jobs Added.
The robust addition of jobs beat
Wall Street expectations of 187,000.
Health care and leisure and
hospitality both added 45,000 jobs.
also lowered from
3.6 percent to 3.5 percent.
Hourly wages also beat
expectations by a tenth of
a percent, rising 3.1 percent.
Today’s job report, more than any other report in recent months, squashed any lingering concerns about an imminent recession in the US economy, Gad Levanon, Conference Board’s Labor Market Institute, via CNBC.
President Donald Trump tweeted
his response to the positive report.
GREAT JOBS REPORT!, President Trump, via Twitter