Economists expected 198,000 in November, but the economy only added 155,000. While expectations fell short, there's some positivity within the report and stocks traded higher on Friday morning.
Experts
told The Wall Street Journal that fears of a recession may have been overblown:
Friday's jobs report shows that the market's volatility and lingering uncertainty over the U.S. and China's trade relationship hasn't stopped businesses from hiring workers, said Chris Rupkey, chief financial economist and managing director at MUFG, in an email.