U.S. Unemployment Holds At 3.7 Percent As Economy Adds 155,000 Jobs

A worker installs a roof on a home being built in San Diego in 2017. The housing market has been softening, with sales of new single-family homes falling in October to the lowest level in more than 2 1/2 yea

Mike Blake / Reuters

Updated at 11:46 a.m. ET Friday

The jobless rate remained at a nearly 50-year low of 3.7 percent in November as employers added 155,000 jobs, fewer than in October and less than expected by private analysts.

Meanwhile, wages grew 3.1 percent over the past 12 months, the same rate as in October, the Bureau of Labor Statistics said. Average earnings climbed to $27.35 an hour.