Categorized | National News

US Adds 321,000 Jobs In November

The US economy added 321,000 jobs in November, while the unemployment rate stayed at 5.8%, official Labor Department figures show.

The number of jobs created was well above analysts’ forecasts of about 225,000 new jobs in the month.

US employers have added at least 200,000 jobs for 10 months in a row, the longest period of jobs growth since 1995.

The number of jobs created has averaged 241,000 a month this year.

The Labor Department added that 44,000 more jobs were created in September and October combined than the government had previously estimated.

Delivery firms have announced ambitious recruitment plans. UPS has said it expects to add up to 95,000 seasonal workers, up from 85,000 last year. FedEx plans to hire 50,000, up from 40,000.

 

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