US adds 227,000 jobs in November, rebounds from October slump
By Sylvan Lane The U.S. job market rebounded in November after a major slowdown, according to data released Friday by the Labor Department. The U.S. added 227,000 jobs last month and the jobless rate ticked slightly higher to 4.2 percent, marking a significant improvement from a weak October jobs report. The U.S. added just 24,000 jobs in October, according to revised figures released Friday. Economists expected the U.S. to add roughly 200,000 jobs in November and for the jobless rate to hold at 4.1 percent, according to consensus estimates. The November jobs report comes a week before the Federal Reserve The post US adds 227,000 jobs in November, rebounds from October slump appeared first on HBCU News.
By Sylvan Lane The U.S. job market rebounded in November after a major slowdown, according to data released Friday by the Labor Department. The U.S. added 227,000 jobs last month and the jobless rate ticked slightly higher to 4.2 percent, marking a significant improvement from a weak October jobs report. The U.S. added just 24,000 jobs in October, according to revised figures released Friday. Economists expected the U.S. to add roughly 200,000 jobs in November and for the jobless rate to hold at 4.1 percent, according to consensus estimates. The November jobs report comes a week before the Federal Reserve
The post US adds 227,000 jobs in November, rebounds from October slump appeared first on HBCU News.
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