American employers added a disappointing 210,000 new jobs in November

  • 📰 CNN
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 95%

United States Headlines News

United States Latest News,United States Headlines

American employers added another 210,000 jobs to the economy in November, far fewer than expected, the Bureau of Labor Statistics reported Friday. The unemployment rate fell to 4.2%, a new pandemic-era low.

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.

Simons expected to see either retail or leisure and hospitality payrolls to rise. The latter sector added some jobs, but not many, last month.However, taking out the seasonal adjustments, the retail sector actually added more than 300,000 jobs. This points to weaker holiday hiring than normal — especially as employers continue to struggle with a shortage of workers — rather than retailers laying people off.Overall, the economy is still down 3.9 million jobs from its pre-pandemic levels.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Impeach 46

The right wing BLS *always* overestimated the job report during Trump’s train wreck years. It also has underestimated the new jobs during Biden’s administration. The last report underestimated new jobs by over 500K. This one will be corrected later, when nobody’s paying attention

Someone has under reported numbers. The numbers will be adjusted next week. Keep paying attention

Gerry Kimmel Pat Sting

Why do you hate us so much?

I would say far fewer Economists had forecast 545,000

Told ya all Biden is least popular president 🇺🇸 ever had. 2024 LOADING

Jobs over 60K thats all I care about. Where are those?

Lofl. You should probably delete the “far fewer than expected.”

You are losing your followers CNN. Do better.

Biden walks on water. Headlines-- Biden can't swim. 210,000 jobs added ain't chicken feed.

Please, keep doing the GOP's job for them....

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Disappointing jobs report: American employers added only 210,000 new jobs in NovemberAmerican employers added another 210,000 jobs to the economy in November, far fewer than expected, the Bureau of Labor Statistics reported Friday. The figures are typically revised. The revisions never receive the same media attention though This is bad policy inflicted damage. Lockdowns, shutdowns and all the rest do not work, period. States that have been open are thriving
Source: cnnbrk - 🏆 393. / 55 Read more »

Economy added just 210,000 jobs last month, far below expectationsThe economy added just 210,000 jobs in the month of November, the Bureau of Labor Statistics said Friday, and the unemployment rate fell to 4.2 percent from 4.6 Or you could frame this truthfully: With stellar Biden economy employing everyone who wants a job, employers fill out holiday temp jobs in November with stragglers.💁🏻‍♂️ In other actual news DeSantis is starting his own Fascist army, hmmmm I feel like this has happened before and Real Americans fought against this. Facts Impeach Biden
Source: NBCNews - 🏆 10. / 86 Read more »

US Employers Added Sluggish 210,000 Jobs In NovemberThat's after adding more than half a million jobs in October. So we don’t need a trillion $ bill to juice the economy, since it’s doing so well.. 'sluggish', despite that unemployment is lower than expected. This number will be revised up just like the last few months were. I don't think this report is as bad as it looks if you dive into it. Plus unemployment rate still ticked down. There is a ways to go but I think we're still on the right track!
Source: HuffPostWomen - 🏆 27. / 68 Read more »

US employers added a sluggish 210,000 jobs in November | AP NewsWASHINGTON (AP) — America’s employers slowed the pace of their hiring in November, adding 210,000 jobs, the fewest in nearly a year. Friday’s report from the Labor Department also showed that the unemployment rate fell sharply to 4.2% from 4.6%. Unemployment rate Nov 2020: 6.7%. The numbers don't lie: The Biden-Harris agenda will BuildBackBetter for workers. Looking forward to the huge upward correction next month Hey! Do you want to work a shitty part-time job with no benefits, have to deal with all the Karens in the world, get exposed to COVID (remember - no benefits!) all for minimum wage?!?! Mmmhmmm
Source: AP - 🏆 728. / 51 Read more »

U.S. adds disappointing 210,000 jobs in November in face of severe labor shortage \nThe U.S. gained a lackluster 210,000 new jobs in November even though businesses took more aggressive steps to hire people, a disappointing increase that shows the worst labor shortage in decades is still a drag on the economic recovery. Lets go Brandon! The other day was 220,000 jobless vs forecasted 240,000. Buy puts or calls? :) For months now, jobs numbers come in as 'disappointing', then later get revised upward into the pretty encouraging range. Why is this month different?
Source: MarketWatch - 🏆 3. / 97 Read more »

Economy Added 210,000 Jobs In November As Unemployment Rate Falls To 4.2%The economy added 210,000 jobs in November, a figure below analysts expectations, while the unemployment rate fell to 4.2%. The latest report reflected a bit of caution on the part of employers as … Question Warner Bros Will Produce Anime Movie and Live Action Hello Kitty The Movie
Source: DEADLINE - 🏆 109. / 63 Read more »