US payrolls growth slowed in November while jobless rate fell
U.S. job growth registered its smallest gain this year while the unemployment rate fell by more than forecast to 4.2%, offering a mixed picture of labor-market progress.
Nonfarm payrolls climbed 210,000 last month after an upwardly revised 546,000 gain in October, a Labor Department report showed Friday. The labor force participation rate edged up to 61.8%.
The median estimate in a Bloomberg…