The labor market stays robust, with employers adding 199,000 jobs last month

Workers apply sheathing to the exterior of a new multifamily residential building, Friday, Nov. 3, 2023, in the East Boston neighborhood of Boston. U.S. employers created 199,000 jobs last month, higher than in October, in part as UAW workers returned to work after a strike against the Big Three automakers. (AP Photo/Michael Dwyer) (AP Photo/Michael Dwyer)

The country’s labor market continues to hum along.

U.S. employers added 199,000 jobs in November, higher than the 150,000 jobs created in the previous month.

Meanwhile the unemployment rate edged down to 3.7% last month from 3.9% in October.