US NFP grows 227k in Nov, unemployment rate rises to 4.2%

US non-farm payroll employment grew 227k in November, close to expectation of 218k. That’s notably higher than the average of 186k monthly growth over the prior 12 months. Unemployment rate rose from 4.1% to 4.2%, above expectation of 4.1%. Labor force participation rate was at 62.5%, ticked down from 62.6%. Average hourly earnings rose 0.4% […]

The post US NFP grows 227k in Nov, unemployment rate rises to 4.2% appeared first on Action Forex.