BREAKING: US economy added robust 266,000 jobs in November.
monthly jobs total of 128,000
Prior to Friday's figures, the economy had added 1.67 million jobs so far in 2019, the lowest total in the past nine years. The average monthly total for 2019 was at 167,000. While nowhere near as robust as last year's monthly average of 233,000, it is well above the 100,000 required per month to keep pace with growth in the working population.
That lower jobs number also reflects continued uncertainties due to President Donald Trump's monthslong trade war with Beijing. That tit-for-tat over intellectual property rights and trade imbalance has led to stalled investment, reduced capital spending, and reluctance in hiring among multinational American businesses and those with exposure to China.
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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.
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US gains a robust 266,000 jobs; unemployment falls to 3.5%WASHINGTON (AP) — Hiring in the United States jumped last month to its highest level since January as U.S. employers shrugged off global trade conflicts and added 266,000 jobs. The Labor...
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Jobs growth soars in November as payrolls surge by 266,000Job growth soared in November. 266,000 jobs were added last month, beating the 187,000 jobs expected. Unemployment fell back to 3.5%.
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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:
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