(RTTNews) - A closely watched report released by the Labor Department on Friday showed employment in the U.S. increased by more than expected in the month of November. "The resilience of the labor market and the resurgence in wage pressures don't change our view that core price inflation is going to fall more rapidly than the Fed believes," said Paul Ashworth, Chief North America Economist at Capital Economics. Meanwhile, the Labor Department said the unemployment rate held at 3.7 percent in November, unchanged from October and in line with economist estimates.