5 Dec 2014
Non-farm payrolls: up 321k, US labour markets surge, job gains widespread.
FXStreet (London) - Data released by the Bureau of Labor Statistics showed a huge jump in US job numbers.
Total nonfarm payroll employment increased by 321,000 in November, and the unemployment rate was unchanged at 5.8 percent.
Job gains were widespread, led by growth in professional and business services, retail trade, health care, and manufacturing.
The increase compares with an average monthly gain of 224,000 over the prior 12 months.
Today’s print marks the tenth straight month of 200k+ gains, the longest run since 1995.
Total nonfarm payroll employment increased by 321,000 in November, and the unemployment rate was unchanged at 5.8 percent.
Job gains were widespread, led by growth in professional and business services, retail trade, health care, and manufacturing.
The increase compares with an average monthly gain of 224,000 over the prior 12 months.
Today’s print marks the tenth straight month of 200k+ gains, the longest run since 1995.