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Wall Street Journal / Biz - Money

U.S. Payrolls Grew by a Robust 228,000 During November

Employers hired workers at a strong rate in November, and the unemployment rate held at a 17-year low, signs the economy is on its firmest footing in at least a decade.

Economists surveyed by The Wall Street Journal expect employers added 195,000 jobs in November and see the unemployment rate holding steady at 4.1%, sending a signal that the labor market is tight and putting the focus on wage gains.

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AT&T-Time Warner merger trial set for March 19

The judge presiding over the Justice Department’s antitrust challenge to the AT&T Inc.’s proposed acquisition of Time Warner Inc. has set March 19 start date for the trial, warning the two companies he cannot reach a decision by the time their merger agreement expires on April 22.

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