A little better.
Employment probably increased by 230,000 in November after a 214,000 gain the previous month, according to the Bloomberg survey median ahead of the Labor Department’s Dec. 5 report. The unemployment rate is projected to hold at 5.8 percent, the lowest since July 2008.
The four-week average of claims, a less-volatile measure than the weekly figure, rose to 299,000 from 294,250 the week before.
In the most stunning development, Bloomberg’s experts were, for all practical purposes, right on the money.