Job Growth Remains Strong Ahead Of Expected Interest Rate Hike

04:05

December 04, 2015

U.S. Federal Reserve Board Chairwoman Janet Yellen delivers remarks December 2, 2015 in Washington, D.C. Yellen spoke and participated in a discussion at the Economic Club of Washington. (Win McNamee/Getty Images)

The U.S. economy added 211,000 jobs in November and the unemployment rate remained unchanged at 5 percent.

The monthly report from the Bureau of Labor Statistics was stronger than economists predicted, and comes about two weeks before the Federal Reserve is expected to announce a much-anticipated raise in interest rates.

Mike Regan of Bloomberg News joins Here & Now's Jeremy Hobson with details.

Guest

Mike Regan, editor at Bloomberg News. He tweets @reganonymous.

This segment aired on December 4, 2015.