64,000 Jobs Added in November, While Unemployment Rises to 4.6 Percent
The delayed jobs report shows employment gains topped economists’ expectations.
TL;DR
- US payrolls beat expectations in November, adding 64,000 jobs.
- The unemployment rate rose more than anticipated.
- This combination suggests further cooling in the labor market.
- October saw a shedding of 105,000 jobs, according to delayed data.