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US unemployment rate steady at 3.7% as expected

By BFN News | 01:34 PM | Friday 07 December, 2018


US non-farm payroll employment increased by 155k in November and the unemployment rate remained unchanged at 3.7%, according to he Bureau of Labor Statistics. The market had expected the jobless rate to remain steady, though with an employment increase of 198k. Average hourly earnings rose by 6 cents, or 0.2%, to $27.35, missing expectations of a 0.3% rise. Story provided by StockMarketWire.com

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