Jobless Rate Holds at 4.1%; Payrolls Rise in November

Bloomberg reported an increase of 228,000 in payrolls in November, a reading which surpassed the predicted 195,000 from economists. In addition, the jobless rate was at its lowest level since 2000, sitting at 4.1%.

However, Bloomberg said average hourly earnings only increased 2.5% as opposed to a 2.7% projection.

Leave a comment

View Latest Digital Edition

Terry Mulreany
Subscriptions: 800 708 9373 x130
Susie Angelucci
Advertising: 484.459.3016

View Latest Digital Edition

Visit our sister website for news, information, exclusive articles,
deal tables and more on the asset-based lending, factoring,
and restructuring industries.