Roughly 266,000 jobs were added to the U.S. labor force in the month of November, U.S. Bureau of Labor Statistics reported Friday. The strong growth in the U.S. labor force also led to a 3.5 percent drop in the unemployment rate.
— BLS-Labor Statistics (@BLS_gov) December 6, 2019
The labor force participation rate was 63.2 percent last month.
The employment spike in jobs occurred in the health care, professional, technical services, and manufacturing industries. The Bureau cited an end to the United Auto Workers strike in which nearly 50,000 workers walked away from General Motor’s plants across the U.S.