US Economy Adds 263,000 New Jobs in November, Topping Expectations

US Economy Adds 263,000 New Jobs in November, Topping Expectations
A man walks past a "now hiring" sign posted outside of a restaurant in Arlington, Va., on June 3, 2022. Olivier Douliery/AFP via Getty Images
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The U.S. economy added 263,000 new nonfarm jobs in November as wages jumped amid solid employment gains in industries that were hardest hit by the pandemic, according to the Bureau of Labor Statistics (BLS) on Dec. 2. While the number is down from 284,000 in October, analysts had forecast an increase of 200,000 jobs.

The unemployment rate held at 3.7 percent.

Andrew Moran
Andrew Moran
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Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."
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