"U.S. businesses ramped up hiring across the board in November, putting 2014 on pace to be the best year for job growth since 1999.</br></br>Nonfarm employers added a seasonally adjusted 321,000 jobs in November, the most in one month since January 2012, . Payroll gains in October and September were revised higher as well. The unemployment rate stood at 5.8%, unchanged from October but down from 7% in November 2013.</br></br>Friday's report also showed nascent signs that wage growth, which has been slow during the recovery, is accelerating. If sustained, that could lift incomes and bolster consumer spending during the holidays.</br></br>""This is another sign that says we're taking off,"" said Beth Ann Bovino, chief U.S. economist at Standard & Poor's Ratings Services.</br></br>The labor market's improving health could help cushion the U.S. from a deepening slowdown in other parts of the global economy. Continued strong job gains also would bring forward the day when the Federal Reserve starts raising short-term interest rates, which have been near zero for six years during the financial crisis, recession and slow recovery."