U.S. economy creates 266,000 jobs in November

The U.S. economy added 266,000 jobs in November and the unemployment rate fell to 3.6 per cent – the lowest it has been in 50 years.

The average monthly job growth in 2019 in the U.S. was 180,000, according to the U.S. Bureau of Labor Statistics.

Some of the gains in November were from General Motors employees returning to work after striking in October. This in turn helped manufacturing employment rise by 54,000 jobs.

Healthcare jobs saw an increase of 45,000 jobs and technical services jobs added 31,000 jobs.

In addition, American’s hourly wage grew by 3.1 per cent from 2018.

READ MORE: Alberta lost 18,000 jobs in November: Statistics Canada

READ MORE: Canada’s economy loses 2,200 jobs

-Photo by Skeeze

George Brownwell / Alberta Press


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