US adds 199,000 jobs in November, higher than estimates

ISTANBUL

The US economy added 199,000 jobs in November, higher than market estimates, the Labor Department announced on Friday.

The market expectation for nonfarm payrolls was to show a gain of 180,000 in November.

Job additions for October were unrevised at 150,000 according to data from the Bureau of Labor Statistics.


The unemployment rate, however, fell to 3.7% in November, from 3.9% in October.

The market estimate for the figure was to come in at 3.9%.

The number of unemployed people, in addition, fell to 6.3 million last month, from 6.5 million the month before, according to the Labor Department.