November Jobs Report

#Jobs — Below expectations, but both measures of UE down sharply.

Gain of +210,000 non-farm payroll jobs, vs. expected gain of 573K.
Unemployment at 4.2%, down by 0.4
U6 unemployment at 7.8%, down by 0.5
Labor force participation 61.8%, up by 0.2
Average hourly earnings up 4.8% year over year

October jobs revised up by +15K to +546K
September jobs revised up by +57K to +379K