US economy adds 178,000 jobs in November; unemployment rate drops to 4.6%

The U.S. economy added 178,000 jobs in November, while the unemployment rate fell to 4.6 percent, a level not seen since August 2007, according to government data released Friday morning. The first employment report since voters went to the polls last month shows an economy in strong shape as President-elect Donald Trump prepares to take office.

“It looks like firms are pretty bullish about what they’re going to see in 2017 and are continuing their strong hiring of the past few years,” said Steve Rick, chief economist at insurance company CUNA Mutual Group. “This is a good tailwind for the new administration.”

Read more at The Washington Post: U.S. economy added 178,000 jobs in November; unemployment rate dropped to 4.6 percent – The Washington Post