WASHINGTON D.C., Dec. 4, 2015 (Gephardt Daily) – November marked another solid month of hiring with U.S. employers adding 211,000 jobs led by gains in construction and retail.
The government also revised up its estimate of job growth for September and October by 35,000 jobs.
The unemployment rate remains steady at 5 percent for the second month as more Americans started looking for jobs and many found them.
Economists say the positive news does make it more likely that the Federal Reserve will raise interest rates from the record lows of the past six and a half years. The Fed meets Dec. 15-16 to discuss short-term rates among other economic issues.