US Job Market Rebounds with 227,000 New Jobs in November

1 min read
Source: Bloomberg
US Job Market Rebounds with 227,000 New Jobs in November
Photo: Bloomberg
TL;DR

The US labor market showed signs of moderation in November, with nonfarm payrolls increasing by 227,000, following a revised gain of 36,000 in October, which was affected by storms and strikes. The unemployment rate also rose, indicating a cooling labor market. Over the past three months, payroll growth averaged 173,000, reflecting a slowdown from earlier in the year.

Share this article

Want the full story? Read the original reporting

Read on Bloomberg