The economy appears to be on its firmest footing in at least a decade, with hiring picking up from earlier this year and the unemployment rate holding at a 17-year low in November.
Nonfarm payrolls rose a seasonally adjusted 228,000 in November, the Labor Department said Friday. It was a slight slowdown from October hiring, which was boosted by a rebound from late-summer hurricanes, but was well above the pace recorded earlier this year. Revised figures showed the economy added 3,000 more jobs than previously estimated in October and September.
Meanwhile, the unemployment rate remained at 4.1% last month, matching the lowest level since December 2000.
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