The U.S. economy added 263,000 new jobs in November, down from 284,000 in October, according to the Bureau of Labor Statistics (BLS). The market had forecast 200,000.
The September jobs report was revised down by 46,000 to 269,000, and the change for October was revised up by 23,000.
Last month, the unemployment rate remained unchanged at 3.7 percent.
Average hourly earnings edged up 5.1 percent year-over-year and rose 0.6 percent from October to November to $32.82. Average weekly hours slipped to 34.4, from 34.5. The labor force participation rate also dipped from 62.2 percent to 52.1 percent.
Leisure and hospitality led the way with 88,000 new jobs, followed by health care (45,000) and government (42,000). Construction employment rose by 20,000, information climbed by 19,000, and financial activities jumped by 14,000….