November Jobs Report: Full Employment Helps Black Workers
The November jobs report shows a strong, fully employed economy. Total nonfarm payroll employment rose 266 thousand, substantially above the market expectation of 185 thousand jobs. Within the private sector, manufacturing employment increased by 54 thousand, boosted by 46 thousand G M strikers who returned to work. The service producing sector, 70 percent of the workforce, created 206 thousand jobs. Job creation was broad-based throughout the economy, with most industries showing increased hiring.
