The U.S. saw declining jobs growth last month, keeping the unemployment rate at a half-century low even amid signs that the economy might be slowing down.
A report from the Labor Department on Friday showed that nonfarm payrolls rose by 155,000 in November, down from 250,000 in the prior month. Economists had projected a gain of 195,000 jobs.
The unemployment rate was unchanged at 3.7%, the lowest in 49 years. Average hourly earnings rose by 6 cents to $27.35, leaving them up 3.1% over the past year.
