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'DAMN': Economists React To November Jobs Report On Twitter

Nonfarm payroll employment increased by 266,000 jobs in November, the U.S. Bureau of Labor Statistics reported Friday, marking the country's 110th straight month of employment gains. 

The unemployment rate fell to 3.5%.

'DAMN': Economists React To November Jobs Report On Twitter

Notable job gains were seen in leisure and hospitality, which added 45,000 jobs in November. The healthcare industry added 45,000 jobs last month as well, and has now added 414,000 jobs in the past 12 months. 

Manufacturing added 54,000 jobs in November, reflecting the end of the GM strike, which returned 41,000 workers to employment in motor vehicles and parts. 

Employment in commercial real estate-related industries, including retail and construction, showed little change in October.

Here's how economists and others reacted to the jobs report on Twitter.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Related Topics: Jobs Report, jobs reports