Jobs Day, November 2019 
Obviously, by this standard, US jobs growth in November was great, and by a comfortable margin, even if you adjust for the effects of the GM strike ending.
Bear in mind it was not just the +266K headline number, but revisions added yet another +41K than we thought too.
But the wage side was, yet again, more mixed. Both overall and nonsupervisory wage growth decelerated in November, though nonsupervisory wage growth is in better shape.
On the household side, prime-age EPOP was flat, but interestingly that was driven by a small fall in female EPOP being offset by a rise in male EPOP.
Both male and female prime-age EPOP are still up materially since June
Both male and female prime-age EPOP are still up materially since June
Age-adjusted EPOP and LFPR both rose a few basis points. Adjusted EPOP is widening its lead over its (arbitrary) 1999-2000 average. Adjusted LFPR is within 20bp of its 1999-2000 average.
Industry jobs growth and wages. Note the manufacturing gains in November were largely GM. Strong wage growth in mining and transportation/warehousing, very weak wage growth in IT and finance.
(Sorry, here's the prime-age female chart)
Interestingly, adjusted for the 46,000 striking GM workers, manufacturing jobs growth in November was +8K, pretty much in line with the average monthly growth of the last year.
