US gained 155,000 jobs in November, unemployment hovers at 3.7%

US gained 155,000 jobs in November, unemployment hovers at 3.7%

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Construction cranes in the Anacosta region of Southeast Washington, DC (Photo ©2018 Doug Christian)
Construction cranes in the Anacosta region of Southeast Washington, DC (Photo ©2018 Doug Christian/TMN)

WASHINGTON—The U.S. economy added 155,000 jobs in November, according to data released Friday by the Bureau of Labor Statistics, down 82,000 from the previous month and coming in below economists’ initial projections.

The unemployment rate remains at 3.7 percent, the lowest since 1969.

Employment in the health care and professional and business services sectors grew by 32,000 while manufacturing followed with 27,000 new jobs.

Employment in transportation and warehousing grew by 25,000 and retail remained largely unchanged with 18,000 new jobs.

The average amount of jobs added in the previous 12 months now stands at 209,000 while the three month average is 170,000 new jobs.

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