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MNI BRIEF: US Hiring Bounces Back 227,000 In Nov, U-Rate 4.2%

Last payrolls report before December FOMC meeting.
USCentral Bank NewsPolicy NewsHomepageFederal ReserveEM Policy NewsEM BriefBriefStoryNorth America

MNI (WASHINGTON) - The U.S. economy created 227,000  jobs in November - above market expectations for 220,000 - while September was revised up 32,000 to 255,000 and October was revised up 24,000 to 36,000, according to the Bureau of Labor Statistics report Friday, bringing the three-month moving average to 173k. 

The unemployment rate ticked up a tenth to 4.2%, the BLS said, and average hourly earnings came in at 0.366% in November and are up 4.032% over the past year. 

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MNI (WASHINGTON) - The U.S. economy created 227,000  jobs in November - above market expectations for 220,000 - while September was revised up 32,000 to 255,000 and October was revised up 24,000 to 36,000, according to the Bureau of Labor Statistics report Friday, bringing the three-month moving average to 173k. 

The unemployment rate ticked up a tenth to 4.2%, the BLS said, and average hourly earnings came in at 0.366% in November and are up 4.032% over the past year. 

Keep reading...Show less