The U.S. added 266,000 jobs in November, the Labor Department reported Friday, blowing past expectations as the American economy continues to push through a global slump.
The unemployment rate remained steady at 3.5 percent during November, while the labor force participation rate also stayed even at 63.2 percent. The October jobs gain was also revised up by 28,000 jobs to 156,000, while the September jobs gain was revised up 18,000 jobs to 193,000.
The report brings the average monthly job gain over the past three months to 205,000.
Economists had projected the U.S. to add roughly 180,000 jobs in November, including a boost of roughly 40,000 General Motors workers that returned to work after a 35-day strike. The end of the GM strike