Showing posts with label Jobs report crushes expectations as hurricane impact fades. Show all posts
Showing posts with label Jobs report crushes expectations as hurricane impact fades. Show all posts

Friday, December 8, 2017


By Business Insider, Dec. 08, 2017

The US economy added 228,000 nonfarm payrolls in November, more than economists had forecast, a report on Friday from the Bureau of Labor Statistics showed.

The unemployment rate remained near a 17-year low of 4.1%.

Overall, the report demonstrated that job creation remained strong in the US even after deadly hurricanes slammed into the Southeast this fall and temporarily weakened hiring. Economists had forecast that nonfarm payrolls increased by 195,000 on net with the unemployment rate unchanged at 4.1%, according to Bloomberg.


Read More: http://www.businessinsider.com

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