Jobs Growth Was Somewhat Weaker Than Expected In November, But Real Wage Growth Continued

Non-farm payroll job gains rose 155,000 in October, less than most analysts had expected, according to the latest data from the Bureau of Labor Statistics. The unemployment rate remained at 3.7%. The revised September and October changes dropped the previous estimates for the two months by 18,000. The three-month average is 170,333, significantly below the…