Upbeat November Jobs Report Buoys Stocks

266,000 new jobs were added to private and public payrolls in November, totaling 2.2 million the past 12 months. Of this, the private and public sectors increased their job counts by 2.0 million and 162 thousand, respectively. Healthcare and social assistance, leisure and hospitality, and professional and business services showed the most significant gains industry-wide at 567k, 429k, and 417k. Small companies, energy, and industrials are buoying stocks averaging 1.5% increases; small-caps are at trading at 2019 highs. 1db.com

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