The jobs growth number was better than expected and the jobless rate was the lowest since December 2008.
Many expected a lower number of jobs because of hurricane Sandy which crippled the NE last month.
The Labor Department revised its job growth figures downward for October and September .
But November’s net growth in payrolls was below the average of 170,000 new jobs added monthly over the course of August, September and October.
Manufacturing jobs fell by 7,000. Economists speculate that causes include lower demand for goods from overseas while US companies await resolution of the fiscal cliff.
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About the Author:
Deborah Brown (Debbie) founded Atlanta based D&B Consulting, Inc. in 1993 to provide executive career and leadership coaching, and executive career transitions and outplacement services to organizations and individuals. She is a Master Practitioner of the MBTI personality assessment and a Certified Social + Emotional Intelligence Coach® through the Institute of Social + Emotional Intelligence® of Denver, Colorado. Debbie earned the SPHR (Senior Professional in Human Resources) certification.