ECONOMY_ U.S. Hiring Strengthened in November, Fueling Expansion

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U.S. Hiring Strengthened in November, Fueling Expansion

Employers add 266,000 jobs, unemployment rate drops to 50-year low of 3.5%

By Sarah Chaney
Updated Dec. 6, 2019 1:13 pm ET


WASHINGTON—The U.S. job market strengthened in November, as hiring jumped and unemployment fell to a half-century low, adding fuel to the economic expansion.

Employers added 266,000 jobs in November—the fastest pace since 312,000 in January—and the jobless rate dipped to 3.5%, matching September as the lowest level since 1969, the Labor Department said Friday. Wages also advanced 3.1% from a year earlier.

“This...

READ MORE: https://www.wsj.com/articles/november-jobs-report-11575633600?mod=hp_lead_pos1


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