By Jeffry Bartash
The numbers: Some 228,000 new jobs were created in November, another healthy gain that highlights the strongest U.S. labor market since the turn of the century.
The increase surpassed Wall Street’s forecast. Economists polled by MarketWatch had forecast a 200,000 increase in nonfarm jobs.
Unemployment was unchanged at 4.1%, the government said Friday, but that’s still nearly a 17-year low.
Worker pay rose 5 cents, or 0.2%, to an average of $26.55 an hour. The yearly increase in hourly pay moved up to a mild 2.5% from 2.3%.
Read the Full Article at www.marketwatch.com >>>>