USA Today (12/06/24)
The U.S. labor market showed resilience in November, adding 227,000 jobs as the effects of two Southeast hurricanes and worker strikes eased. The unemployment rate edged up slightly from 4.1% to 4.2%. Additionally, revised figures for September and October added 56,000 more jobs than initially reported, suggesting a stronger job market in recent months. Economists view the report as a sign that recession fears may be easing.
This information originated from usatoday.com. Use this link to view the article: Is labor market bouncing back? Here’s what the November jobs report tell us.