US Jobs Growth Slows as Unemployment Reaches Four-Year High
TL;DR Summary
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-news#economy#federal-reserve#labor-market-weakness#november-employment#unemployment-rate#us-jobs-report
- U.S. economy adds 64,000 jobs in November, unemployment rate at 4-year high Axios
- America’s job market just got some troubling news CNN
- US unemployment hits highest level since 2021 as labour market cools Al Jazeera
- Jobless rate rises, adding to Trump's economic messaging woes Politico
- Payrolls rose by 64,000 in November after falling by 105,000 in October, delayed jobs numbers show CNBC
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