U.S. adds 266,000 jobs, unemployment rate lowers to 3.5%

us

The U.S. said it added some 266,000 jobs in the month of November, lowering the unemployment rate in the country to 3.5 per cent for the month.

This is according to data from the U.S. Bureau of Labor Statistics released on Friday.

Part of the boost came from the manufacturing sector after the end of a month-long auto-workers strike.

Stock futures jumped on the jobs data, which beat expectations.

The real number of unemployed people was little changed at 5.8 million people.

In October, the unemployment rate was 3.6 per cent. (dpa/NAN)

Breaking news & top stories

Stay connected with The Sun Newspaper

Get breaking news, exclusive stories, and live updates delivered straight to your phone. Join thousands of readers already following us on Whatsapp Channel and Telegram.

Breaking news & top stories

Follow The Sun Newspaper

Get live updates & exclusive stories delivered straight to your phone.

Breaking news & top stories

Stay connected with The Sun Newspaper

Get breaking news, exclusive stories, and live updates delivered straight to your phone. Join thousands of readers already following us on Whatsapp Channel and Telegram.