US Economic News

U.S. Employment Climbs Slightly More Than Expected In November

Employment in the U.S. increased by a little more than economists had been anticipating in the month of November, according to a report released by the Labor Department on Friday.

The report said non-farm payroll employment climbed by 178,000 jobs in November following a downwardly revised increase of 142,000 jobs in October.

Economists had expected employment to increase by about 170,000 jobs compared to the addition of 161,000 jobs originally reported for the previous month.

The Labor Department also said the unemployment rate fell to 4.6 percent in November from 4.9 percent in October. The unemployment rate had been expected to remain unchanged.

by RTTNews Staff Writer

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