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U.S. Payrolls Grew by 321,000 in November; Jobless Rate Unchanged at 5.8%

Jobs Report

U.S. employers ramped up hiring last month, continuing a stretch of robust payroll gains and keeping the economy on track to record its strongest year of job creation in 15 years.

Nonfarm payrolls rose a seasonally adjusted 321,000 last month, the strongest month of hiring since January 2012, the Labor Department said Friday, led by gains in the professional and business services sector.

The unemployment rate, which is obtained from a separate survey of U.S. households, was 5.8% in November, unchanged from the prior month and remaining at its lowest level since mid-2008. Economists surveyed by The Wall Street Journal had predicted payrolls would rise by 230,000 in November.