US Economy Adds , More Jobs Than Expected , Despite Fed Rate Hikes.br NBC reports that America'sbr economy showed better job growth br than expected in November.br The higher-than-expected numbers came despite br aggressive rate hikes by the Federal Reserve br meant to slow the labor market and bring down inflation.br The higher-than-expected numbers came despite br aggressive rate hikes by the Federal Reserve br meant to slow the labor market and bring down inflation.br According to a Labor Department report released br on December 2, nonfarm payrolls grew 263,000.br According to a Labor Department report released br on December 2, nonfarm payrolls grew 263,000.br Economists surveyed by Dow Jones had br predicted an increase of just 200,000.br Last month, the monthly gain had been slightly br higher with payroll numbers revised to 284,000.br Meanwhile, the unemployment rate came br in at 3.7, exactly as predicted by economists.br NBC reports that the numbers will likely not br slow Fed interest rate hikes as the central bank br continues to wrestle with inflation at a forty-year high.br NBC reports that the numbers will likely not br slow Fed interest rate hikes as the central bank br continues to wrestle with inflation at a forty-year high.br Working contrary to the Fed's efforts br to fight inflation, average hourly br earnings climbed 0.6 in November. .br That's double what Dow Jones br estimated it to be for the month.br Compared to the same br time last year, wages br were reportedly up 5.1. .br Economists had predicted , just a 4.6 increase.