After a lackluster October jobs report due to strikes and storms, November’s jobs report shows that the market is back to healthy levels.
The Employment Situation report, released on Friday by the Bureau of Labor Statistics, revealed that the U.S. economy added 227,000 new jobs in November, higher than the 214,000 jobs expected by economists polled by The Wall Street Journal.
The unemployment rate also rose from 4.1% in October to 4.2% in November. The number of unemployed people is now at 7.1 million, higher than it was at the same time last year when there were 6.3 million people out of work.
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