Perspective on U.S. November Employment Report

Friday, December 2, 2016

The U.S. added 178,000 to nonfarm payrolls in November, in line with expectations for an increase between 170,000 and 180,000. The unemployment rate, however, fell to 4.6 percent while it was expected to hold steady at 4.9 percent, reflecting more people finding employment and over 400,000 people dropping out of the labor force.

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