The US economy added 210,000 jobs in November, far fewer than expected as the economy continues to recover from pandemic-inflicted damage
It was the smallest number of jobs added to the US economy since December 2020, when the economy actually shed jobs amid a surge in Covid cases. Economists had expected more than double the number of jobs created in November, forecasting a continuation of the buoyant economic recovery over the past two months. Instead, the November jobs gain was more reminiscent of the pre-pandemic economy, when employers added a smaller but steady number of positions.
2%, a new pandemic-era low.Professional and business services, transportation and warehousing, construction, as well as manufacturing, added the most jobs last month.Read MoreThe retail sector, however, which should be swelling for the holidays, shed jobs.
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