Solid U.S. employment report a green light for Dec rate hike

December 4, 2015 2:12 PM

45 0

Solid U.S. employment report a green light for Dec rate hike

WASHINGTON U.S. job growth increased solidly in November in a show of the economy's resilience, which most likely paves the way for the Federal Reserve to raise interest rates this month for the first time in nearly a decade.

Nonfarm payrolls increased 211,000 last month, the Labor Department said on Friday. September and October data was revised to show 35,000 more jobs than previously reported.

Read more

To category page

Loading...