The American job market is strong, with employers adding more than a quarter million jobs last month.

President Biden hailed the news, but those high numbers may not be great for inflation.

I'm Sarah McCammon. I'm Aisha Roscoe, and this is up first from MPR News.

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first female to referee a men's world cup match. So stay with us, we've got the news you need to

start your weekend. The US job market is on a roll. On Friday, we learned that employers added

another 263,000 jobs last month. Far more than four casters were expecting.

The jobs report capped a week of mostly positive economic news, which President Biden praised.

As we go into the holiday season, here's what this all means. The Americans are working,

the economy is growing, wages are rising faster than inflation.

MPR Scott, Horsley joins us now to tell us what all of this means. Good morning, Scott.

Good morning, Aisha. So unemployment is very low, just 3.7% in November.

It would seem like it's a good time for people who are looking for work, I think, right?

It is. Yeah, opportunities are plentiful. There are more job openings right now than there are

people looking for work. And as a result, employers are having to bid up wages at a rapid rate.

Now, the President is cherry picking a bit when he says wages are outpacing inflation.

There have been some months when that's been true. But over the last year, average wages have

not kept up with inflation. Wages in November were up 5.1% from a year ago. We know the prices have

been climbing faster than that. But there's no question wages are rising at a rapid rate. And while

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