Below we have highlighted some of these that will likely see smooth trading in the days ahead. Against this backdrop, investors may choose to bet on ETFs that are the largest beneficiaries of the November jobs data report. Still, there are some corners of the economy that have been creating jobs. Data supports prevailing concerns about the slowing economy (read: 5 Sector ETFs to Sizzle on Upbeat October Jobs Data). Over the year, average hourly earnings increased 3.1%. Average hourly earnings rose by 6 cents to $27.35. The unemployment rate fell to 3.7% last month. Taking all revisions into consideration, job gains averaged 170,000 over the past three months and data for September and October combined was 12,000 less than reported previously. Meanwhile, data for September was raised from +118,000 to +119,000. Investors should note that data for October was revised down from + 250,000 to +237,000. The number fell short of market expectations of 200,000. employers added 155,000 jobs in November, after a downwardly revised 237,000 in October.
Hartford Financial (HIG) launches credit and political risk insurance products for conserving customer interests.