US adds 227,000 jobs in November as Fed expected to cut interest rates again
by Michael Sainato from Economics | The Guardian on (#6SR8T)
Latest report follows October's disappointing tally as Fed likely to cut interest rates for third time in 2024
The US added 227,000 jobs in November, with 54,000 added jobs in healthcare, 53,000 leisure and hospitality jobs, and 33,000 government jobs added in the month.
The unemployment rate increased to 4.2%, from 4.1% in October.
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