178k Jobs Added in November, Unemployment at 4.6%

73e5109c-f39d-4b4c-bf41-d7e9971619f5The November jobs report showed that the U.S. economy added 178,000 jobs last month and that the unemployment rate has fallen to 4.6%, which CNBC reports is the lowest unemployment rate since August of 2007. CNBC further reports that wage gains were disappointing, “with the annualized pace of average hourly earnings increases slumping to 2.5 percent”.

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