211,000 Jobs Added

Saturday, December 5, 2015

 


 

Some good news on the US job front… The federal government says the US added 211-thousand jobs in November, exceeding expectations. The unemployment rate remains at 5-percent, its lowest level since 2008. Analysts say the strong jobs report suggests the US economy is maintaining its momentum. And it could be a sign that the Federal Reserve could raise short-term interest rates when board members meet later this month. Rates have been stuck at zero since the 2008 financial crisis.

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