U.S. economy adds 64,000 jobs in November, unemployment rate rises to 4.6%
- The U.S. economy added 64,000 jobs in November, while the unemployment rate rose to 4.6%.
- ADP, a company providing HR and payroll solutions, reported preliminary estimates showing a reversal from negative employment trends in early November.
- Despite positive trends, ADP's National Employment Report revealed the U.S. private sector lost 32,000 jobs in November, with significant losses among small businesses in the Northeast.
193 Articles
193 Articles
The unemployment rate in the US rose to a four-year high in November. It now stands at 4.6 percent, as reported by the Department of Labour in Washington.
Unemployment hits four-year high
The U.S. unemployment rate climbed to 4.6% in November, according to the latest BLS jobs report. There’s also data showing more Americans are reentering the workforce and more part-time workers are looking for full-time roles. In this episode, we explain what it all means for the broader economy. Plus: Advertising revenue is projected to top $1 trillion in 2025, hiring in the once-strong health care sector may slow soon, and artificial intellige…
Global Markets React: Jobs Data Sparks Economic Speculations
Global Markets React: Jobs Data Sparks Economic Speculations On Tuesday, MSCI's global equities index and 10-year U.S. Treasury yields fell as investors analyzed recent U.S. jobs data amid hopes for a Russia-Ukraine peace deal. With a nonfarm payroll increase of 64,000 last month, doubts lingered due to the prior government shutdown clouding the economic outlook.Portfolio manager David Wagner described the jobs report as a 'Goldilocks' scenario—…
Unemployment rate rises to more than 4%
NEW YORK (CBS, KYMA) - The U.S. Bureau of Labor Statistics just released the November jobs report. It includes some delayed October data because of the government shutdown. The numbers show a mixed picture; job growth picked up, but the unemployment rate rose. A multi-month jobs report offers mixed signals for the U.S. economy. In November, employers added 64,000 jobs, down from Septmeber, but still beating expectations. A partial look at Octobe…
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