November Jobs Report Is In, Trump Breaks Another Record

The Bureau of Labor Statistics released the November jobs report Friday, and I thought we should briefly go over it.

In November, the economy added 150,000 jobs. While that seems low (and it is– 198k were expected), it’s important to note that the unemployment rate remained steady at 3.7 percent. Additionally, the number of employed Americans “once again reached an all-time high of 156,795,000.” CNS News notes that it’s “the 13th record since Donald Trump became president.”

More:

Wages continued rising as well: In November, average hourly earnings for all employees on private nonfarm payrolls rose by 6 cents to $27.35. Over the year, average hourly earnings have increased by 81 cents, or 3.1 percent.

Among the major worker groups, the unemployment rates for adult men (3.3 percent), adult women (3.4 percent), teenagers (12.0 percent), Whites (3.4 percent), Blacks (5.9 percent), Asians (2.7 percent), and Hispanics (4.5 percent) showed little or no change in November.

The 5.9 percent unemployment rate for blacks matches the record low set in May. The November unemployment rate for Hispanics is just a tenth of a point higher than the record low of 4.4 percent.

Also worth noting– manufacturing jobs increased by 27,000, and total government jobs declined by 6,000.

How’s that for a brief recap?