12.08.2017
Employers added 228000 nonfarm payroll jobs in November of 2017 according to the Bureau of Labor Statistics. The unemployment rate was unchanged at 4.1 percent.
Job gains occurred in professional and technical services manufacturing and health care. The number of jobs in professional and business services increased by 46000 over the month while manufacturing gained 31000 jobs and health care gained 30000 jobs.
Job growth in October 2017 was revised to 244000 down from the initially estimated 261000. Over the past three months job growth has averaged 170000 additions a month.
Average hourly earnings rose by five cents to $26.55. Over the year average hourly earnings have risen 2.5 percent.
The full BLS press release on the November 2017 employment situation can be accessed in the link below:
The next employment situation report for December 2017 will be released on Friday January 5 2018.
