U.S. jobs report crushes expectations as businesses continue to hire

Robots have taken over many manufacturing jobs, but those remaining for humans are filling up fast in a strong economy.

The U.S. economy added a robust 228,000 nonfarm jobs in November, the Bureau of Labor Statistics reported Friday.

That’s about 33,000 more than economists were expecting, and the unemployment rate held steady at a 17-year low of 4.1 percent.

A total of 2.2 million jobs have now been created since Donald J. Trump’s election as president.

Manufacturing unemployment fell to a record-low 2.6 percent, while Hispanic unemployment dropped to 4.7 percent, the lowest in the history of the United States. That prompted a tweet Friday from the president’s daughter, Ivanka Trump.

The Hispanic unemployment rate dropped to 4.7% – the LOWEST in the history of the United States. This Administration and @realDonaldTrump are working hard to create opportunities for all Americans…and we are just getting started! 🇺🇸

admin

admin

Leave a Reply

Recent Posts