US hiring and wages extend strong gains, keeping pressure on Fed
Nonfarm payrolls increased 263,000 in November
US employers added more jobs than forecast and wages surged by the most in nearly a year, pointing to enduring inflation pressures that boost chances of higher interest rates from the Federal Reserve. Nonfarm payrolls increased 263,000 in November after an upwardly revised 284,000 gain in October, a Labor Department report showed Friday. The unemployment […]
Already subscribed? Log in
