The U.S. economy added 178,000 jobs in November, with the unemployment rate declining to 4.6 percent.
Forecasts had predicted a net gain of around 180,000, jobs, a signal of steady hiring in the labor market.
Though average hourly earnings declined last month, wages have been trending up for some time. But there’s still room for improvement.
There’s a lot happening in the world. Through it all, Marketplace is here for you.
You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible.
Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.