Reply to thread

.

U.S. Economy Added 199,000 Jobs In November

December 8, 2023

.

"The U.S. economy notched another solid month of job growth, with an added lift from actors and autoworkers coming off the picket lines.


Employers added 199,000 jobs in November, and the unemployment rate dipped to 3.7% from 3.9% the month before, according to Bureau of Labor Statistics data released Friday.


“The economy’s still humming along,” Jane Oates, a former Department of Labor official who now is CEO of employment education nonprofit WorkingNation, told CNN. “For the past two weeks, all we’ve heard is doom and gloom about how this is going to be a terrible day. And it was a much better day than was predicted.”


Economists were expecting net job gains of 180,000 for the month and for the unemployment rate to hold steady, according to Refinitiv."

.


Back
Top