Article 5SMTM US adds 210,000 jobs in November ahead of discovery of Omicron variant

US adds 210,000 jobs in November ahead of discovery of Omicron variant

by
Dominic Rushe
from on (#5SMTM)

Total is less than half the growth that economists expected while unemployment rate dropped to 4.2%

The US economy added 210,000 jobs in November, less than half the jobs growth that economists had expected, in a report that was compiled before the discovery of the Omicron coronavirus variant that now threatens to derail the economic recovery from the pandemic.

The unemployment rate dropped to 4.2% as employers added jobs in business services, transportation, warehousing and construction. The overall gain was less than half the 500,000 plus jobs that economists had expected to be added over the month.

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