U.S. payrolls grew more quickly than expected in November, according to data released by the Bureau of Labor Statistics Friday.
U.S. non-farm payrolls added 199,000 while the unemployment rate dropped to 3.7%, the BLS’s monthly employment situation summary said.
The total of new jobs added was greater than the 190,000 estimated by the Dow Jones.
“Job gains occurred in health care and government. Employment also increased in manufacturing, reflecting the return of workers from a strike,” the BLS said in a statement. “Employment in retail trade declined.”
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