A stronger-than-forecast 132,000 jobs were created in November, according to a US government report.

The Labor Department, however, said the unemployment rate edged up to 4.5 percent from the 5-1/2-year low of 4.4 percent it reached in October.

All the November hiring occurred in service industries, where 172,000 jobs were added, while goods-producing industries shed 40,000 jobs. Some 29,000 construction jobs were lost in November on top of a 24,000-job reduction in October, reflecting the reduced level of activity in homebuilding and other construction.

Another 15,000 manufacturing jobs were lost in November after 44,000 were cut in October.

There were 10.2 million manufacturing production workers in the USA in October, down 19% from 10 years ago and 28% fewer than 40 years ago.

The percentage of all workers in the USA employed in manufacturing has been declining for 50 years. In October, 10% of the U.S. workforce was employed in the manufacturing sector, an all-time low. In 1946, one out of every three workers had jobs in manufacturing.


[Edited by Simon – categories]

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