U.S. payrolls rise 228,000; Wages gain less than forecast

Shobhana Chandra

12/08/2017

U.S. PAYROLLS rose 228,000 in November. / BLOOMBERG FILE PHOTO/JEENAH MOON

NEW YORK - The United States added more jobs than forecast in November and the unemployment rate held at an almost 17-year low, though below-forecast wage gains suggest the labor market still has slack to absorb. Payrolls rose 228,000, above the median economist estimate of 195,000, after a downwardly revised 244,000 advance, Labor Department figures…

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