Nonfarm payrolls rose by a seasonally adjusted 199,000 in Novemb

Avalon - Nonfarm payrolls rose by a seasonally adjusted 199,000 in November, slightly better than the 190,000 Dow Jones estimate and ahead of the October gain of 150,000. The unemployment rate declined to 3.7%, compared with the forecast for 3.9%, as the labor force participation rate edged higher. Average hourly earnings, a key inflation indicator, increased by 0.4% for the month and 4% from a year ago, close to expectations. Thanks Joe, Putting previous guy to shame.