The economy was strong again in November, adding 228,000 jobs, according to the report out from the Bureau of Labor Statistics this morning. The unemployment rate was 4.1 percent, unchanged from Octoberr; it remains the lowest it's been since 2000.
This is the 86th consecutive month employers added to payrolls. Employment growth has averaged 174,000 per month thus far this year, compared with an average monthly gain of 187,000 in 2016.
One strong sign is the quality of jobs being added. Employment in professional and business services continued on an upward trend in November, with 46,000 new jobs. Over the past 12 months, the industry has added 548,000 jobs.
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