The U.S. economy added 266,000 jobs in November. The unemployment rate fell to 3.5%, the lowest level in half a century.
The number of Americans working rose to 158.6 million, a record high and the sixth consecutive record.
Wages keep increasing. Hourly earnings for private-sector workers are 3.1% higher over the year. Wages are growing at a faster rate for production workers than for managers.
