November’s job report saw a gain of 210,000 nonfarm jobs, according to the U.S. Bureau of Labor Statistics’ monthly employment report. Employment gains happened in professional and business services, transportation and warehousing, construction, and manufacturing. Employment in retail trade declined.
November’s unemployment rate declined to 4.2%, down from 4.6% in October. The civilian labor force participation was 61.8%, slightly up from 61.6% in October.
The report found that average hourly earnings for employees on private, nonfarm payrolls rose by 8 cents to $31.03.