Payrolls increased 227,000 in November, more than expected

Job creation surged in November, with nonfarm payrolls rising by 227,000, a significant rebound from October’s 36,000, which had been impacted by a labor strike and storms.

The unemployment rate increased slightly to 4.2%, due to a decrease in the labor force participation rate.

Job gains were led by sectors like healthcare, leisure and hospitality, and government, while retail trade saw a decline.

Worker pay rose by 0.4% from the previous month and 4% year-over-year, CNBC has reported.

read more: https://www.cnbc.com/2024/12/06/jobs-report-november-2024.html

Links for B.C.

Visit My Website
https://bcbegley.com

Follow Me On Facebook
https://www.facebook.com/B.C.Begley

Subscribe To My Patreon
https://www.patreon.com/bcbegley

Watch Me On YouTube
https://www.youtube.com/channel/UCGoUf-QQTlTN-BIh3ERCE9A

Follow Me On Twitter
https://twitter.com/BC_News1

Watch Me On Rumble
https://rumble.com/c/c-280191

Follow Me On Gab
https://gab.com/BC_Begley

Follow Me On Truth Social
https://truthsocial.com/@BC_Begley

Follow Me On BlueSky
https://bsky.app/profile/bcbegley.bsky.social

#Payrolls #Economy