120,000 Jobs Added to U.S. Non-Farm Payrolls in November Friday, December 2, 12:35 PM ET
The U.S. economy added 120,000 jobs in November, and the unemployment rate fell, the Labor Department said today.
Non-farm payrolls rose by 120,000, just shy of economist expectations, mainly due to gains in the private sector.
The private sector added 140,000 jobs, especially in retail, while 20,000 government jobs were cut.
Unemployment fell to 8.6%, compared to economist expectations for it to remain unchanged at 9%.
October and September jobs data were revised upward, to record an additional 72,000 jobs added in those two months.
The dollar is losing ground following the report, leading the U.S. Dollar Bullish Fund (AMEX:
UUP) to trade down a penny, while the Euro Trust (AMEX: FXE) trades up slightly.
Gold is trading higher, and the SPDR Gold Shares (AMEX:
GLD) is trading up by a quarter of a percent, while the iShares Gold Trust (AMEX: IAU) trades up over .1%.
Crude oil is trading higher as well, to $100.50 a barrel. The DB Oil Fund (AMEX:
DBO) is trading down a penny, while the Energy Select Sector SPDR (AMEX: XLE) trades about .8%.
Overall, U.S. stocks are in the green, with the SPDR S&P 500 (AMEX:
SPY) trading up three quarters of a percent.
For MarketNewsVideo.com, I'm Sayoko Murase.
Friday Sector Leaders: Oil & Gas Exploration & Production, Non-Precious Metals & Non-Metallic Mining Stocks
Related symbols: MPO, WRES, ACH, TC
Friday Sector Laggards: Apparel Stores, Textiles
Related symbols: FINL, DXLG, ICON, SKX
Thursday Sector Leaders: Precious Metals, Computer Peripherals
Related symbols: PZG, RBY, ZAGG, FEYE
Friday's ETF with Unusual Volume: GXC
Related symbols: GXC, NQ, VIPS, SOL
Friday's ETF Movers: OIH, GDXJ
Related symbols: ESV, NBR, TRX, GBU.CA, GDXJ, OIH
EEM, DZK: Big ETF Outflows
Related symbols: EEM, DZK, BAP, SKM
Daily Dividend Report: MOS, NLY, CIM, WGL, NYT, PIR, WMC, RAS
Related symbols: MOS, NLY, CIM, WGL, NYT, PIR, WMC, RAS
Daily Dividend Report: AMGN, ZTS, WDR, IRC, SCHL, KYE
Related symbols: AMGN, ZTS, WDR, IRC, SCHL, KYE
Daily Dividend Report: MCO, ROP, EOG, GIS, EQR, O, MAS, UDR, DRI
Related symbols: MCO, ROP, EOG, GIS, EQR, O, MAS, UDR, DRI
Weekly Market Wrap: December 19, 2014
Related symbols: BAC, AAPL, GE, BBRY, ANGN, GM, CVS, MMM, BA, LLY
Weekly Market Wrap: December 12, 2014
Related symbols: BAC, TLM, AAPL, GE, CME, WPC, PM, CAT, JPM, MON
Weekly Market Wrap: December 5, 2014
Related symbols: BAC, SIRI, AAPL, KMI, FB, DIS, VZ, MA, SPLS
Week Ahead Market Report: December 15, 2014
Related symbols: BAC, AAPL, SIRI, GE, DRI, FDX, CAG, BBRY
Week Ahead Market Report: December 8, 2014
Related symbols: BAC, AAPL, DRYS, HAL, BURL, MW, LULU, NQ
Week Ahead Market Report: December 1, 2014
Related symbols: AAPL, KMI, BAC, GE, BOBE, ARO, ANF, BKS, GCO
All videos » |
Stock market definitions »
120,000 Jobs Added to U.S. Non-Farm Payrolls in November
| Market News Video | Copyright © 2008 - 2014, All Rights Reserved
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.