US Job Market Rebounds with 227,000 New Jobs in November
TL;DR Summary
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.
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- Jobs Report Live Updates: U.S. Adds 227,000 Jobs in November The New York Times
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