US employers add 228K jobs, unemployment rate stays 4.1 pct

U.S. employers added a robust 228,000 jobs in November, a sign of the job market's enduring strength in its ninth year of economic recovery.

Posted: Dec 8, 2017 11:35 AM
Updated: Dec 8, 2017 1:07 PM

WASHINGTON (AP) — U.S. employers added a robust 228,000 jobs in November, a sign of the job market's enduring strength in its ninth year of economic recovery.

The Labor Department says the unemployment rate remained at a 17-year low of 4.1 percent.

The economy is expanding at a healthy pace, and in many cases employers are scrambling to hire enough qualified workers. Over the past six months, growth has exceeded an annual rate of 3 percent, the first time that's happened since 2014. Consumer confidence has reached its highest level since 2000.

Healthy hiring and a low unemployment rate have yet to push up wages, which rose 2.5 percent in November compared with a year earlier. The last time unemployment was this low, wages were rising at a 4 percent rate.

Copyright 2017 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Article Comments

West Lafayette
Scattered Clouds
68° wxIcon
Hi: 69° Lo: 41°
Feels Like: 68°
Kokomo
Clear
69° wxIcon
Hi: 71° Lo: 40°
Feels Like: 69°
Rensselaer
Overcast
61° wxIcon
Hi: 63° Lo: 40°
Feels Like: 61°
Fowler
Overcast
61° wxIcon
Hi: 62° Lo: 40°
Feels Like: 61°
Williamsport
Overcast
64° wxIcon
Hi: 65° Lo: 41°
Feels Like: 64°
Crawfordsville
Scattered Clouds
67° wxIcon
Hi: 69° Lo: 41°
Feels Like: 67°
Frankfort
Overcast
71° wxIcon
Hi: 70° Lo: 40°
Feels Like: 71°
Delphi
Overcast
67° wxIcon
Hi: 70° Lo: 41°
Feels Like: 67°
Monticello
Overcast
67° wxIcon
Hi: 68° Lo: 41°
Feels Like: 67°
Logansport
Overcast
66° wxIcon
Hi: 69° Lo: 40°
Feels Like: 66°
Warm Front Early, Cold Front Later Bringing Strong Winds & Showers.
WLFI Radar
WLFI Temps
WLFI Planner

Community Events