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US Jobs Growth Slows as Unemployment Reaches Four-Year High

1 min read
Source: Axios
US Jobs Growth Slows as Unemployment Reaches Four-Year High
Photo: Axios
TL;DR

The US economy added 64,000 jobs in November with the unemployment rate rising to 4.6%, the highest in over four years, indicating persistent weakness in the labor market amid revisions and delayed data due to the government shutdown, with the Federal Reserve responding by cutting interest rates to counteract the slowdown.

Topics:top-newseconomy#economy#federal-reserve#labor-market-weakness#november-employment#unemployment-rate#us-jobs-report
Share this article
  1. U.S. economy adds 64,000 jobs in November, unemployment rate at 4-year high  Axios
  2. America’s job market just got some troubling news  CNN
  3. US unemployment hits highest level since 2021 as labour market cools  Al Jazeera
  4. Jobless rate rises, adding to Trump's economic messaging woes  Politico
  5. Payrolls rose by 64,000 in November after falling by 105,000 in October, delayed jobs numbers show  CNBC

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