BREAKING NEWS: Economy created 228,000 jobs in November

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The economy added 228,000 jobs in November, the Labor Department reported Friday, down from 244,000 in October.

Average hourly private-sector earnings were up 2.5 percent over the previous year. In October, they were up 2.3 percent. The unemployment rate was 4.1 percent, unchanged from October.

Analysts surveyed by Bloomberg had predicted the creation of 190,000 jobs, an increase in over-the-year hourly earnings of 2.6 percent, and an unemployment rate of 4.1 percent.


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