US added 266K jobs in November, unemployment remains at 50-year low

wingedwolf/iStock(WASHINGTON) — The U.S. economy added a solid 266,000 jobs in November, exceeding economists’ exceptions, according to the latest jobs report from the Bureau of Labor Statistics released Friday.

Average hourly earnings rose by 7 cents to $28.29 and unemployment remained at a 50-year low of 3.5%.

Employers added the most jobs in the health care and professional and technical services industries, the data showed.

November also saw a rise in manufacturing jobs, though this was likely due to unionized autoworkers returning to work after the strike at General Motors.

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