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Strong report, with Nov payrolls +155k, the.>

US DATA
US DATA: Strong report, with Nov payrolls +155k, lower than the 
+190k expected (whisper +215k). Sep-Oct net revisions -12k. The 
unemp rate unch at 3.7% (3.671%) and hourly earnings +0.2% vs +0.3% 
expected.
- Labor force participation rate unch at 62.9% in Nov. The labor 
force +133k, with household employed +233k and unemployed -100k. The 
U-6 unemp rate +0.2pp to 7.6%.
- Hourly earnings +0.2% (+0.220%) m/m after Oct rev down to +0.1% (prev 
+0.2%, +0.147%). Hourly earnings now +3.1% y/y rounded vs +3.1% in prev 
month.
- Payrolls lifted by manufacturing (+27k), transportation and 
warehousing (+25k), and professional and business services (+32k), but 
weakness could be seen in mining and logging (-3k).

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