Dec 03 2016

Rate Range Projection by Bank

Next week 112.50 – 115.00

Next 3 months 105.00 - 116.00

The unemployment rate hit its lowest level since August 2007 because more people found work but also because the labor force shrank as more people retired, lowering the number of working-age people in the labor force to 62.7 percent

U.S. nonfarm payrolls increased by 178,000 jobs last month after increasing by 142,000 in October, the Labor Department said on Friday