The US added 227,000 jobs in November and the unemployment rate ticked higher to 4.2%. Both numbers were higher than the consensus estimates compiled by Bloomberg, which were 220,000 and 4.1%, respectively. Average hourly earnings also rose more than expected, up 0.4% from the prior month compared to the 0.3% estimate. From the prior year, earnings rose 4.0% versus a 3.9% estimate.
About Yahoo Finance:
Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.
– Get the latest news and data at finance.yahoo.com
– Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO)
– Follow Yahoo Finance on social:
X: http://twitter.com/YahooFinance
Instagram: https://www.instagram.com/yahoofinance/?hl=en
TikTok: https://www.tiktok.com/@yahoofinance?lang=en
Facebook: https://www.facebook.com/yahoofinance/
LinkedIn: https://www.linkedin.com/company/yahoo-finance
#jobsreport #yahoofinance #unemployment