Job growth beats expectations in November, rising by 227,000
SalonJob growth that stalled in October rebounded the following month as the effects of hurricanes and labor disputes subsided, the Bureau of Labor Statistics reported Friday. Employment rates showed “little or no change over the month in other major industries,” according to the Bureau of Labor Statistics, including the construction, transportation, information, financial professions and business services sectors. “Job creation may not be as robust as in the past years, but we are not seeing a disaster in the job market,” Bryon Anderson, head of fixed income at Laffer Tengler Investments, told CBS News. The labor market is "decent, but it’s nothing to get too excited about,” Sarah House, a senior economist at Wells Fargo, told The New York Times.