Job creation surged in November, recovering from October's weak performance impacted by a labor strike and severe storms in the Southeast. Nonfarm payrolls grew by 227,000, surpassing the Dow Jones estimate of 214,000. The unemployment rate increased to 4.2%, driven by a lower labor force participation rate. The latest data likely signals a Federal Reserve rate cut in December. Sectors such as healthcare, leisure and hospitality, and government-led job gains, while retail declined. Average hourly earnings rose by 0.4%, exceeding expectations.