The Housing Chronicles Blog: Job growth dipped slightly in November to 228,000, unemployment rate remains at 4.1 percent

Friday, December 8, 2017

Job growth dipped slightly in November to 228,000, unemployment rate remains at 4.1 percent

Total nonfarm payroll employment increased by 228,000 in November, and the unemployment rate was unchanged at 4.1 percent. Employment continued to trend up in professional and business services, manufacturing, and health care.

The labor force participation rate remained at 62.7 percent in November and has shown no clear trend over the past 12 months. The employment-population ratio, at 60.1 percent, changed little in November and has shown little movement, on net, since early this year.

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