Job Reports and Statistics

Beating expectations, U.S. employers add 228,000 jobs; unemployment rate stays at 4.1%

Beating expectations, U.S. employers add 228,000 jobs; unemployment rate stays at 4.1%

Another month of strong job growth showed that the U.S. economy is lifting more workers left out of the recovery and heading into next year with solid momentum, even as there are lingering uncertainties about the outlook for wages and inflation.

Employers added 228,000 net new jobs in November, following slightly bigger gains in October, the Labor Department reported Friday. Hiring was broad-based, led by business services, healthcare and manufacturing.

While partly a bounce-back from hurricanes in September, the back-to-back months of robust hiring reflect an economy buoyed by global growth and high confidence among consumers and businesses, in part because of soaring...

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