November Jobs Report

#Jobs — pace of job growth slows; gains lower than expected

Gain of +245,000 non-farm payroll jobs, vs. expected 440K gain
Unemployment at 6.7%, down by 0.2%, as expected
U6 unemployment at 12.0%, down by 0.1%
Labor force participation 61.5%, down by 0.2
Avg hourly earnings +0.3% vs +0.1% expected

Oct jobs revised down by -28K to +610K
Sept jobs revised up by +39K to +711K