US Unemployment Rises as Labor Market Shows Signs of Cooling

1 min read
Source: Al Jazeera
US Unemployment Rises as Labor Market Shows Signs of Cooling
Photo: Al Jazeera
TL;DR

US unemployment rose to 4.6% in November, the highest since 2021, amid a cooling labour market with job losses in government and manufacturing sectors, but gains in healthcare and construction, reflecting ongoing economic uncertainty and policy impacts.

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