November Jobs Report: Another Home Run For The Economy

Dec 8, 2023  · Lots of job gains, lower unemployment, more people working. While all these jobs were being created, the unemployment rate fell to 3.7% from 3.9%,aking Novem mber the 22 …


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November Jobs Report: Another Home Run For The Economy

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Dec 8, 2023  · Lots of job gains, lower unemployment, more people working. While all these jobs were being created, the unemployment rate fell to 3.7% from 3.9%,aking Novem mber the 22 …

forbes.com

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The US Economy Added 199,000 Jobs In November | CNN Business

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Dec 8, 2023  · 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 …

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Markets Digest Stronger-than-expected November Jobs Data

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Dec 8, 2023  · Wall Street’s focus shifted Friday from the jobs report to upcoming inflation data, after the US economy added 199,000 jobs last month and the unemployment rate fell to 3.7%.

cnn.com

FAQs about November Jobs Report: Another Home Run For The Economy Coupon?

What did the November jobs report tell us?

The November jobs report gave a muddled picture of an improving economy. Overall job growth fell far short of expectations, with the U.S. adding just 210,000 of the roughly 500,000 jobs that analysts projected the economy to gain last month. Even so, the unemployment rate sunk from 4.6 percent to 4.2 percent, landing less than… ...

How many jobs did the US economy add in November?

The US economy added 199,000 jobs in November, an uptick from 150,000 the previous month as striking auto workers and Hollywood actors came back to the workforce. Economists surveyed by Bloomberg expected job gains of 185,000 with unemployment holding steady from the prior month at 3.9%. ...

How did the job market perform in November?

Friday’s jobs report showed that average hourly earnings rose 0.4% in November from the month before, showing a more accelerated pace of growth than the 0.2% uptick seen in October and the 0.3% expected by economists. On an annual basis, however, wage gains eased to 4% from the 4.1% rate seen a month before. ...

Is the economy still down 3.9 million jobs?

Overall, the economy is still down 3.9 million jobs from its pre-pandemic levels. For those who are working, wages continued to climb in November as employers are trying to attract staff during the ongoing worker shortage. Average hourly earnings rose by 8 cents to $31.03, putting the increase over the past 12 months at 4.8%. ...

How many jobs has the US economy added over the past 3 months?

While Friday’s main number was decidedly disappointing at first glance, the US economy has added more than 1 million jobs over the past three months, signaling that the recovery continues to move along. ...

Will the November jobs report help determine the Fed's interest rate hike?

"This isn't exactly the type of print they were looking for," Stephanie Roth, chief economist at Wolfe Research, said of the Fed on Yahoo Finance Live Friday morning. The November jobs report could help determine what the Fed does next in its interest rate hiking campaign. ...

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