US economy beats expectations with 199,000 jobs added in November

Unemployment falls to 3.7%

The US economy added 199,000 new jobs in November, exceeding market expectations of 180,000.

November's figure surpassed the 150,000 jobs added in October but remained behind September's 336,000. The data, published by the US Bureau of Labor Statistics today (8 December), revealed the biggest increases were registered in the government (49,000) and healthcare (77,000) sectors, alongside manufacturing (28,000), reflecting the "return of workers from a strike". US job vacancies drop to two-year low in October The unemployment rate slightly decreased to 3.7% over the month, while the number of unemployed people remained steady at 6.3 million. Yet the number of long-term un...