According to today’s report from the U.S. Department of Labor…
(Boursier.com) — According to today’s report from the US Department of Labor, the creation of non-agricultural jobs in the United States for the month of November stood at 263,000, against the market consensus of 200,000. The unemployment rate came in as expected at 3.7%, stable compared to the previous month. Job creations in the private sector were 221,000, against a consensus of 200,000. Manufacturing job creations were 14,000, against 20,000 consensus. The average hourly wage increased twice as fast as expected, up 0.6% compared to the previous month against 0.3% consensus. It climbed 5.1% over one year against 4.6% consensus.
In addition, job creations for October, previously estimated at 261,000, have been revised to 284,000.
The labor force participation rate in November was 62.1%, against a consensus of 62.3%.