Recently released figures from the Bureau of Labor Statistics for November found a record-setting number of Americans employed, with over 156 million people working across the United States.
“The unemployment rate held steady at 3.7 percent for the third month in a row; and the number of employed Americans once again reached an all-time high of 156,795,000, the 13th record since Donald Trump became president,” writes CNS News.
“Wages continued rising as well: In November, average hourly earnings for all employees on private nonfarm payrolls rose by 6 cents to $27.35. Over the year, average hourly earnings have increased by 81 cents, or 3.1 percent,” adds the report.
On the negative side, the economy added approximately 150,000 in November; short of the projected 237,000 positions heading into the Holiday Season.
Read the full report here.