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The U.S. economy continued to add jobs at a solid clip in November, as strong hiring in health care and the government helped to boost the overall payroll figure.
Employers added 199,000 jobs in November, the Labor Department said in its monthly payroll report released Friday, beating the 180,000 jobs forecast by Refinitiv economists.
The unemployment rate, meanwhile, unexpectedly fell to 3.7% after rising for three straight months.
US ECONOMY ADDS 199,000 JOBS IN NOVEMBER, UNEMPLOYMENT RATE UNEXPECTEDLY FALLS
Jobseekers visit booths during the spring job fair at the Las Vegas Convention Center in Las Vegas on April 15, 2022. (K.M. Cannon/Las Vegas Review-Journal / Getty Images)
«Job gains were fairly narrowly distributed across the economy, with the vast majority of jobs added in health care and government,» said Julia Pollak, ZipRecruiter's chief economist. «In the rest of the economy, job growth has effectively ground to a halt.»
Health care accounted for the biggest payroll gains last month, with the sector adding 76,800 jobs in November. Hospitals accounted for the biggest percentage of the gains, hiring 23,700 workers last month, followed by nursing and residential care facilities with an increase of 17,300.
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There were also notable gains in the offices of physicians (13,600), home health care services (5,900) and outpatient care centers (5,200).
Hiring in government was the second-biggest contributor to the headline job gain last month. The sector hired 49,000 employees in November, with
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