Total nonfarm payroll employment in the U.S. increased significantly by 227,000 jobs in November (payroll employment had increased by an average of 186,000 per month over the 12 months prior to November). The unemployment rate increased slightly to 4.2%. The labor force participation changed little in November and has remained in a narrow range of 62.5 percent to 62.7 percent since December 2023. Average hourly earnings rose by 0.4% — over the past 12 months, average hourly earnings have increased by 4%.
Learn more about the recent BLS employment update below.
For the U.S. Bureau of Labor Statistics November jobs report, click here.