(National Sentinel) Great Again: The latest U.S. employment figures crushed analysts’ expectations as the impact from a series of devastating hurricanes faded last month, according to the Department of Labor.
Also unexpected: U.S. manufacturing jobs have rebounded, employing the largest number of workers in decades.
The economy added 228,000 nonfarm payrolls in November, more than economists were expecting, Business Insider reported.
Meanwhile, the unemployment rate remained near a 17-year low of 4.1 percent.
Economists had estimated that 195,000 new jobs would be created last month, and that the unemployment rate would remain the same.
Meanwhile, the manufacturing sector added 31,000 jobs, while its unemployment rate fell to a record-low 2.6 percent.
The retail sector also had strong gains as many businesses and chains added workers for the holiday shopping season.
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