Reported 20 days ago
The US labor market added 227,000 nonfarm payrolls in November, exceeding expectations, marking a significant recovery from October's low job growth affected by disruptions. The unemployment rate rose slightly to 4.2%, while average hourly earnings increased by 0.4%. Acting Labor Secretary Julie Su highlighted unprecedented job creation under the current administration and noted positive trends among prime-age workers. Despite challenges, the overall labor market remains robust and stable.
Source: YAHOO