The lowest employment rate since 1969

  • 3.5% matches the lowest employment rate in America since 1969
  • The U.S. economy added 266,000 jobs in November – higher than expectations.
  • Wages also increased – a positive sign for the job market.
  • The biggest job gains last month by sector: healthcare.
  • Why It Matters: This jobs report further confirms a strong job market in America while economist worry about a slowdown globally.

The report: https://www.bls.gov/news.release/pdf/empsit.pdf

A good read:
U.S. Jobs Trounce Forecasts With 266,000 Gain; Wages Heat Up
https://www.bloomberg.com/news/articles/2019-12-06/u-s-jobs-trounce-forecasts-with-266-000-gain-as-wages-heat-up