Robust Jobs Report All but Guarantees Fed Will Raise Rates

December 4, 2015 2:37 PM

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Robust Jobs Report All but Guarantees Fed Will Raise Rates

The American economy created 211,000 jobs in November, the government reported Friday, a robust showing that all but guarantees policy makers at the Federal Reserve will raise interest rates for the first time in nearly a decade when they meet this month.

The unemployment rate held steady at 5 percent, unchanged from October.

Also read: U.S. economy creates 178,000 jobs in November; jobless rate drops to 4.6%

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