Hiring was likely strong and employers boosted wages in November, economists say

(CNBC) Job growth is expected to have been strong in November, and employers likely continued to boost wages to attract and retain workers in an incredibly tight labor market. Economists expect 573,000 jobs were created last month, up from 531,000 in October, according to Dow Jones. The unemployment rate is expected to have declined to 4.5% from 4.6%, and average hourly wages are expected to have increased by 0.4% on a monthly basis, or 5% year over year.

To read this article:

This entry was posted in Syndicated. Bookmark the permalink.

Comments are closed.