U.S. Economy Adds 227,000 Jobs in November, Rebounding from October's Weak Growth

Job market shows resilience as weather disruptions and labor strikes subside, though unemployment edges up to 4.2%.

• The U.S. economy added 227,000 jobs in November, exceeding economists’ expectations of 200,000 new positions.
• October's job growth, initially reported as 12,000, was revised up to 36,000 after being impacted by hurricanes and a major labor strike at Boeing.
• The unemployment rate increased to 4.2% in November, marking the third consecutive month at or above 4%.
• Private employers hired 146,000 workers in November, though manufacturing saw its weakest performance since spring, shedding 26,000 jobs.
• Labor market data suggests a slowing but stable job market, with layoffs remaining historically low and job openings rising to 7.7 million in October.

60 Articles

The Fiscal Times Portland Press Herald Newsweek Axios Hindustan Times MSNBC BBC CNBC PBS NewsHour UPI Forbes Los Angeles Times New York Post Forbes The Street The Independent Investopedia The White House American Banker The Times Scripps News Semafor Boston Globe The Globe and Mail Deadline CoinDesk Axios The Guardian Business Insider CBS News Washington Examiner USA TODAY Fox Business The Hill Forbes CNBC Quartz One America News Network Salon CNN Washington Post ABC News CNN Townhall One America News Network Breitbart ABC News Barron's Barron's Barron's Barron's Barron's CNBC UPI Associated Press CNN