<p>U.S. job growth rose faster than expected in November as the labor market remained resilient in the face of higher interest rates, scorching-hot inflation and mounting recession fears.</p> <div class="ad-container desktop ad-h-50 ad-w-300"></div> <p>Employers&nbsp;<a href="https://foxbusiness.com/category/jobs" _mce_href="https://foxbusiness.com/category/jobs" target="_blank"><span style="text-decoration: underline;" _mce_style="text-decoration: underline;">added 263,000 jobs</span></a>&nbsp;in November, the Labor Department said in its monthly payroll report&nbsp;released Friday, topping the 200,000 jobs forecast by Refinitiv economists. It marks a slight deceleration from the upwardly revised job gain of 284,000 recorded in October. The unemployment rate, meanwhile, held steady at 3.7%.</p> <p>The report will likely do little to sway the&nbsp;<a href="https://foxbusiness.com/category/the-fed" _mce_href="https://foxbusiness.com/category/the-fed" target="_blank"><span style="text-decoration: underline;" _mce_style="text-decoration: underline;">Federal Reserve</span></a>&nbsp;in its fight against inflation, which has already seen policymakers raise interest rates at the most aggressive pace since the 1980s in a bid to crush out-of-control consumer prices and cool the labor market.</p> <p>In another concerning sign that could further complicate the Fed's job, average hourly earnings surged 0.6% in November, double what Refintiv analysts anticipated. Wages are 5.1% on an annual basis, far higher than the 4.6% estimate.</p>