U.S. Economy Adds 227,000 Jobs In November

  • by:
  • Source: Breitbart
  • 12/11/2024

Employers in the United States added 227,000 workers to their payrolls in November, the Department of Labor said Friday, and the unemployment rate edged up to 4.2 percent.

Economists had been expecting 215,000 after storms and strikes saw the Labor Department report a much-worse-than-expected growth of just 12,000 in October. They had also forecast that the unemployment rate would rise one-tenth of a point from 4.1 percent.

The October report was revised up by 24,000, bringing the estimate up to 36,000. The September jobs number was revised up by 32,000, from a gain of 223,000 to 255,000.

A now hiring sign outside a business by Ernie Journeys is licensed under Unsplash unsplash.com

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