U.S. economy added 199K jobs in November, unemployment rate dropped to 3.7%, Labor Department

The U.S. economy added 199,000 jobs in November, according to Bureau of Labor Statistics on Friday.

The increase slightly exceeded economists expectation of 180,000 jobs having been added last month.

The unemployment rate in November was 3.7%, down from 3.9% the previous month, according to the bureau, part of the. Labor Department.