Defying the naysayers who keep predicting a downturn, the U.S. economy continues to keep humming and notched another solid month of job growth, with added lift from the resolution of strikes in both the acting and auto sectors, which contributed to 199,900 jobs added in November.
The November jobs report, released last Friday by the Bureau of Labor Statistics, showed that in addition to the nearly 200,000 jobs added to the economy, the unemployment rate edged down to 3.7%.