BUSINESS + ECONOMY

The US economy added 199,000 jobs in November

Dec 8, 2023, 6:41 AM | Updated: Feb 26, 2024, 12:14 pm

People wait in line for a chance to speak with prospective employers during a City of Los Angeles c...

People wait in line for a chance to speak with prospective employers during a City of Los Angeles career fair offering to fill vacancies in more than 30 classifications of jobs on November 2, 2023 in Los Angeles, California. Mandatory Credit: Frederic J. Brown/AFP/Getty Images

Minneapolis (CNN) — The US economy added 199,000 jobs in November, according to Bureau of Labor Statistics data released Friday.

The unemployment rate fell to 3.7% from 3.9% the month before.

Economists were expecting net job gains of 180,000 for the month and for the unemployment rate to hold steady.

 

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The US economy added 199,000 jobs in November