US economy smashes forecasts, adds 266,000 jobs in November
|12/06/2019||Posted by BusinessMediaguide.Com under General World News||
- The Bureau of Labor Statistics said 266,000 nonfarm payrolls were created last month, pushing the unemployment rate to a historically low 3.5%.
Economists predicted that would help lift payroll gains to 185,000 in November from 128,000 a month earlier.
- The report came amid concerns that one of the brightest spots in the economy has started to run out of steam.
- Visit Business Insider’s homepage for more stories.
Government data out Friday showed the US added far more jobs than expected in November, relieving concerns that one of the brightest spots in the economy may have started to run out read more >>>