Wednesday, November 11, 2026Mortgage news · Rates & market context

Jobs · ORIGINAL ECONOMIC RELEASE

November 2015 Employment Situation

Total nonfarm payroll employment increased by 211,000 in November, and the unemployment rate was unchanged at 5.0 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in construction, professional and…

Historical releaseThe figures below describe the original reporting period. They are not today’s rates or a current economic forecast.Today’s market brief →

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Historical release narrative reproduced from the official public-domain source. Statistical tables, standard technical appendices, administrative material and attendance rosters are omitted; formatting is adapted for reading. Figures retain the release's historical context and may have been revised. Consult the linked source for the complete document.

Total nonfarm payroll employment increased by 211,000 in November, and the unemployment rate was unchanged at 5.0 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in construction, professional and technical services, and health care. Mining and information lost jobs.

Household Survey Data

In November, the unemployment rate held at 5.0 percent, and the number of unemployed persons, at 7.9 million, was essentially unchanged. Over the past 12 months, the unemployment rate and the number of unemployed persons are down by 0.8 percentage point and 1.1 million, respectively. (See table A-1.)

Among the major worker groups, the unemployment rates for adult men (4.7 percent), adult women (4.6 percent), teenagers (15.7 percent), whites (4.3 percent), blacks (9.4 percent), Asians (3.9 percent), and Hispanics (6.4 percent) showed little or no change in November. (See tables A-1, A-2, and A-3.)

The number of long-term unemployed (those jobless for 27 weeks or more) was little changed at 2.1 million in November and has shown little movement since June. In November, these individuals accounted for 25.7 percent of the unemployed. (See table A-12.)

The civilian labor force participation rate, at 62.5 percent, changed little in November. The employment-population ratio was unchanged at 59.3 percent and has shown little movement since October 2014. (See table A-1.)

The number of persons employed part time for economic reasons (sometimes referred to as involuntary part-time workers) increased by 319,000 to 6.1 million in November, following declines in September and October. These individuals, who would have preferred full-time employment, were working part time because their hours had been cut back or because they were unable to find a full-time job. Over the past 12 months, the number of persons employed part time for economic reasons is down by 765,000. (See table A-8.)

In November, 1.7 million persons were marginally attached to the labor force, down by 392,000 from a year earlier. (The data are not seasonally adjusted.) These individuals were not in the labor force, wanted and were available for work, and had looked for a job sometime in the prior 12 months. They were not counted as unemployed because they had not searched for work in the 4 weeks preceding the survey. (See table A-16.)

Among the marginally attached, there were 594,000 discouraged workers in November, little changed from a year earlier. (The data are not seasonally adjusted.) Discouraged workers are persons not currently looking for work because they believe no jobs are available for them. The remaining 1.1 million persons marginally attached to the labor force in November had not searched for work for reasons such as school attendance or family responsibilities. (See table A-16.)

Establishment Survey Data

Total nonfarm payroll employment rose by 211,000 in November, about in line with the average monthly gain of 237,000 over the prior 12 months. In November, job growth occurred in construction, professional and technical services, and health care. Employment in mining and information declined over the month. (See table B-1.)

Employment in construction rose by 46,000 in November, with much of the increase occurring in residential specialty trade contractors (+26,000). Over the past year, construction employment has grown by 259,000.

In November, professional and technical services added 28,000 jobs. Job gains occurred in accounting and bookkeeping services (+11,000), and employment in computer systems design and related services continued to trend up (+5,000). Over the year, professional and technical services has added 298,000 jobs.

Health care employment increased by 24,000 over the month, following a large gain in October (+51,000). In November, hospitals added 13,000 jobs. Health care employment has grown by 470,000 over the year.

Employment in food services and drinking places continued to trend up in November (+32,000) and has risen by 374,000 over the year.

Retail trade employment continued to trend up in November (+31,000) and has increased by 284,000 over the year. In November, job gains occurred in general merchandise stores (+12,000) and motor vehicle and parts dealers (+9,000). Over the past 12 months, these industries have added 85,000 jobs and 71,000 jobs, respectively.

Employment in mining continued to decline in November (-11,000), with losses concentrated in support activities for mining (-7,000). Since a recent peak in December 2014, employment in mining has declined by 123,000.

Information lost 12,000 jobs over the month. Within the industry, employment in motion pictures and sound recording decreased by 13,000 in November but has shown little net change over the year.

Employment in other major industries, including manufacturing, wholesale trade, transportation and warehousing, financial activities, and government, changed little over the month.

The average workweek for all employees on private nonfarm payrolls edged down by 0.1 hour to 34.5 hours in November. Both the manufacturing workweek and factory overtime were unchanged in November, at 40.7 hours and 3.2 hours, respectively. The average workweek for production and nonsupervisory employees on private nonfarm payrolls was also unchanged at 33.7 hours. (See tables B-2 and B-7.)

In November, average hourly earnings for all employees on private nonfarm payrolls rose by 4 cents to $25.25, following a 9-cent gain in October. Over the year, average hourly earnings have risen by 2.3 percent. In November, average hourly earnings of private-sector production and nonsupervisory employees, at $21.19, changed little. (See tables B-3 and B-8.)

The change in total nonfarm payroll employment for September was revised from +137,000 to +145,000, and the change from October was revised from +271,000 to +298,000. With these revisions, employment gains in September and October combined were 35,000 more than previously reported. Over the past 3 months, job gains have averaged 218,000 per month.

Source: U.S. Bureau of Labor Statistics · Original release Dec 4, 2015.

Archived Nov 11, 2026. Source reuse policy. Formatting has been adapted for reading; the source’s conclusions remain attributed to its publisher.

MortgageRates.news analysis · Historical context

The mortgage market around this release

This original analysis is separate from the source article. It compares observed benchmarks around ; historical averages and yields are not current mortgage offers.

Read beyond one jobs number

The Employment Situation combines two surveys: establishment data measure payroll jobs, hours and earnings, while household data measure people’s employment status and the unemployment rate. A payroll-job change and an unemployment-rate change therefore answer different questions. Check the reference period, participation and revisions alongside the headline. Labor-market conditions inform the policy outlook, but a later mortgage-rate change can reflect many developments; this calendar window cannot identify the report as its cause. BLS Employment Situation tables and technical notes.

Nearest published observation on or before each target date
Benchmark30 days earlierNov 4, 2015Publication referenceDec 4, 201530 days laterJan 3, 2016
30-year fixed mortgageNational weekly averageFreddie Mac Primary Mortgage Market Survey®3.76%Observed 3.93%Observed +17 bps vs. earlier reference4.01%Observed +8 bps vs. publication reference
10-year TreasuryDaily par yieldU.S. Department of the TreasuryUnavailableBefore available coverage, which starts Jan 4, 2016.UnavailableBefore available coverage, which starts Jan 4, 2016.UnavailableBefore available coverage, which starts Jan 4, 2016.

Calendar references, not an intraday reaction. A same-day market observation may have been published after a morning release. These figures do not show what was known at its exact publication time. One basis point (bp) is 0.01 percentage point; changes use the actual dated observations shown.

Six months around publication

Sep 4, 2015 – Mar 4, 2016
Historical mortgage and Treasury observations around Dec 4, 2015Each dot is a published observation. No missing values are estimated. The dashed vertical line marks the article’s publication calendar date. Rates and yields are percentages.1.50%3.00%4.50%Publication date30-year fixed mortgage: 3.90% · Sep 10, 201530-year fixed mortgage: 3.91% · Sep 17, 201530-year fixed mortgage: 3.86% · Sep 24, 201530-year fixed mortgage: 3.85% · Oct 1, 201530-year fixed mortgage: 3.76% · Oct 8, 201530-year fixed mortgage: 3.82% · Oct 15, 201530-year fixed mortgage: 3.79% · Oct 22, 201530-year fixed mortgage: 3.76% · Oct 29, 201530-year fixed mortgage: 3.87% · Nov 5, 201530-year fixed mortgage: 3.98% · Nov 12, 201530-year fixed mortgage: 3.97% · Nov 19, 201530-year fixed mortgage: 3.95% · Nov 25, 201530-year fixed mortgage: 3.93% · Dec 3, 201530-year fixed mortgage: 3.95% · Dec 10, 201530-year fixed mortgage: 3.97% · Dec 17, 201530-year fixed mortgage: 3.96% · Dec 24, 201530-year fixed mortgage: 4.01% · Dec 31, 201530-year fixed mortgage: 3.97% · Jan 7, 201630-year fixed mortgage: 3.92% · Jan 14, 201630-year fixed mortgage: 3.81% · Jan 21, 201630-year fixed mortgage: 3.79% · Jan 28, 201630-year fixed mortgage: 3.72% · Feb 4, 201630-year fixed mortgage: 3.65% · Feb 11, 201630-year fixed mortgage: 3.65% · Feb 18, 201630-year fixed mortgage: 3.62% · Feb 25, 201630-year fixed mortgage: 3.64% · Mar 3, 201610-year Treasury: 2.24% · Jan 4, 201610-year Treasury: 2.25% · Jan 5, 201610-year Treasury: 2.18% · Jan 6, 201610-year Treasury: 2.16% · Jan 7, 201610-year Treasury: 2.13% · Jan 8, 201610-year Treasury: 2.17% · Jan 11, 201610-year Treasury: 2.12% · Jan 12, 201610-year Treasury: 2.08% · Jan 13, 201610-year Treasury: 2.10% · Jan 14, 201610-year Treasury: 2.03% · Jan 15, 201610-year Treasury: 2.06% · Jan 19, 201610-year Treasury: 2.01% · Jan 20, 201610-year Treasury: 2.02% · Jan 21, 201610-year Treasury: 2.07% · Jan 22, 201610-year Treasury: 2.03% · Jan 25, 201610-year Treasury: 2.01% · Jan 26, 201610-year Treasury: 2.02% · Jan 27, 201610-year Treasury: 2.00% · Jan 28, 201610-year Treasury: 1.94% · Jan 29, 201610-year Treasury: 1.97% · Feb 1, 201610-year Treasury: 1.87% · Feb 2, 201610-year Treasury: 1.88% · Feb 3, 201610-year Treasury: 1.87% · Feb 4, 201610-year Treasury: 1.86% · Feb 5, 201610-year Treasury: 1.75% · Feb 8, 201610-year Treasury: 1.74% · Feb 9, 201610-year Treasury: 1.71% · Feb 10, 201610-year Treasury: 1.63% · Feb 11, 201610-year Treasury: 1.74% · Feb 12, 201610-year Treasury: 1.78% · Feb 16, 201610-year Treasury: 1.81% · Feb 17, 201610-year Treasury: 1.75% · Feb 18, 201610-year Treasury: 1.76% · Feb 19, 201610-year Treasury: 1.77% · Feb 22, 201610-year Treasury: 1.74% · Feb 23, 201610-year Treasury: 1.75% · Feb 24, 201610-year Treasury: 1.71% · Feb 25, 201610-year Treasury: 1.76% · Feb 26, 201610-year Treasury: 1.74% · Feb 29, 201610-year Treasury: 1.83% · Mar 1, 201610-year Treasury: 1.84% · Mar 2, 201610-year Treasury: 1.83% · Mar 3, 201610-year Treasury: 1.88% · Mar 4, 2016Sep 4, 2015Dec 4, 2015Mar 4, 2016
30-year fixed mortgage26 observations10-year Treasury43 observations
Dots show published observations only. Missing dates remain blank, with no interpolation. The series have different publication schedules and measure different markets.

What that benchmark difference would mean for a $300,000 loan

At the publication reference$1,420.17/month

3.93% · Dec 3, 2015

At the later reference$1,433.98/month

4.01% · Dec 31, 2015

The illustrative principal-and-interest payment is $13.81 higher per month. This holds the loan amount and term constant to show the arithmetic effect of the benchmark difference.

Assumptions: two separate hypothetical $300,000 loans, each fully amortizing over 30 years with 360 monthly payments and its stated fixed interest rate. Excludes points, lender fees, taxes, insurance, association charges and other costs. PMMS is a national average, not an APR or a personalized rate offer. These are not two payments on one existing loan.

Sources, historical coverage and calculation limits

The 30-day comparisons use calendar days. Each cell selects the last published observation on or before its target; no rates are synthesized for missing dates. Gaps greater than seven days for daily Treasury data or fourteen days for weekly mortgage data are marked unavailable. Forward comparisons require the date to have arrived and source coverage to extend through it.

Historical files may contain revisions and do not reconstruct precisely what every market participant knew at the time. Freddie Mac changed its PMMS collection methodology in November 2022. Cross-period comparisons should account for that change. These windows include other news and cannot establish causation or forecast the next rate move.

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