“…U.S. payrolls jump by 266,000, smashing expectations”
December 6, 2019
“The U.S. economy added far more jobs than expected in November and the joblessness rate edged down to a 50-year low, as the domestic labor market continued to fire on all cylinders.
- Change in non-farm payrolls: +266,000 vs. +180,000 expected and +156,000 in October
- Unemployment rate: 3.5% vs. 3.6% expected and 3.6% in October
- Average hourly earnings month over month: +0.2% vs. +0.3% expected and +0.4% in October
- Average hourly earnings year over year: +3.1% vs. +3.0% expected and +3.2% in October
…At just 3.5%, the November unemployment rate matched September’s level for the lowest since 1969. The total labor force participation was nearly unchanged at 63.2%…”
https://finance.yahoo.com/news/jobs-report-november-2019-labor-department-225145709.html