The U.S. economy added far more jobs than expected in November and the joblessness rate edged down to a 50-year low, as the domestic labor market continued to fire on all cylinders.

The Department of Labor delivered its November jobs report at 8:30 a.m. ET Friday. Here were the main results from the report, compared to consensus data compiled by Bloomberg:

• Change in non-farm payrolls: +266,000 vs. +180,000 expected and +156,000 in October

• Unemployment rate: 3.5% vs. 3.6% expected and 3.6% in October

• Average hourly earnings month over month: +0.2% vs. +0.3% expected and +0.4% in October

• Average hourly earnings year over year: +3.1% vs. +3.0% expected and +3.2% in October

The latest jobs report also included upward revisions to both September’s and October’s headline payroll figures. September’s change in total non-farm payrolls was revised up by 13,000 to 193,000, while October’s level was revised up by 28,000 to 156,000. These updates raised the three-month average of job gains to 205,000.

At just 3.5%, the November unemployment rate matched September’s level for the lowest since 1969. The total labor force participation was nearly unchanged at 63.2%, just a hair below October’s 63.3%, which had reflected the largest share of the working population employed or looking for work since 2013.

Stock futures added to gains in early trading following the estimates-topping report, with the Dow up more than 150 points. Treasury yields surged, and gold prices fell as investors piled into risk assets.

“Along with the upward revisions to earlier months, these numbers are telling us that job growth in the U.S. has stabilized,” Brian Coulton, chief economist at Fitch Ratings, wrote in an email Friday. “This highlights that conditions remain firmly in place for the consumer and the service sector to cushion the economy from external risks and related weakness in U.S. manufacturing.”

Heading into the report, consensus economists expected that headline employment gains would get a boost from the return of thousands of General Motors (GM) workers, after a 40-day United Auto Workers strike contributed to a net decline of 43,000 manufacturing payrolls in October, revised from a loss of 36,000 previously reported.

In November, the manufacturing sector added 54,000 positions, topping expectations for 40,000 and “reflecting the return of workers from a strike,” the Bureau of Labor Statistics wrote in its report. Motor vehicles and parts industries added 41,300 jobs during the month, just about reversing the decline of 42,800 from October.

But strength in the November jobs report was broad-based, even outside of the one-time impact of the strike’s abatement.