Is labor market bouncing back? Here's what the November jobs report tell us.
U.S. employers added 227,000 jobs in November as the effects from hurricanes and strikes the previous month reversed. The unemployment rate was 4.2%
Employers added 227,000 jobs in November as the labor market rebounded
Employers added 227,000 jobs in November as the labor market rebounded from anemic growth in the prior month, when hurricanes and labor disputes dampened hiring. The U.S. had been forecast to add 200,000 jobs last month, according to economists surveyed by financial data firm FactSet. The unemployment rate was expected to hold steady at 4.1%.
Employers add 227K jobs in November in massive rebound from last month
Economists polled by FactSet had expected payrolls to expand by around 200,000, a drop from September’s revised 223,000 but far above last month’s 12,000.
US added a strong 227,000 jobs in November in bounce-back from October slowdown
Thomas Simons, U.S. economist at Jefferies, wrote in a commentary that the recovery from October’s strikes and hurricanes likely boosted last month’s payrolls by 60,000, suggesting that the job market is strong enough to absorb most jobseekers but not enough to raise worries about inflation.
Labor Market Comes Back to Life in November
The jobs report was one of two key pieces of data, along with inflation readings, due out next week before the Federal Reserve meets on Dec. 17-18 to consider cutting interest rates.
Strong job gains expected in November, but no labor market rebound yet
Forecasters predict the report will show 200,000 new jobs added in November, but economists say gains could paint an artificially strong picture of the labor market.
Employers added 227,000 in November as job market rebounded
Employers added 227,000 jobs in November as the labor market rebounded from anemic growth in the prior month, when hurricanes and labor disputes dampened hiring. The unemployment rate ticked higher to 4.
Job market rebounds in November after strikes, hurricanes with 227,000 jobs added
America’s job market rebounded in November, adding 227,000 workers in a solid recovery from the previous month, when the effects of strikes and hurricanes had sharply diminished employers’ payrolls. Last month’s hiring growth was up considerably from a meager gain of 36,
US job growth rebounds in November; unemployment rate ticks up
U.S. job growth surged in November after being severely hindered by hurricanes and strikes, but a rise in the unemployment rate to 4.2% pointed to an easing labor market that should allow the Federal Reserve to cut interest rates again this month.
Hiring Rebounded in November, Adding 227,000 Jobs
The U.S. added 227,000 jobs in November, as workers sidelined by storms got back on the job and as thousands of striking Boeing employees returned to work. Photo: Travis Long/Zuma Press
Maddow Blog | U.S. job market bounces back, adds 227,000 jobs in November
The effects of two hurricanes and a Boeing strike made the job market look worse than it actually was last month. The new data is far more encouraging.
US employers added just 12,000 jobs last month as hurricanes and strikes sharply reduce payrolls
America’s employers added just 12,000 jobs in October ... Still, economists have noted that the United States has ...
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The economy added 227,000 jobs in November
It was a little easier to find a job in November, another sign that the economy is gaining strength. The Bureau of Labor ...
US hiring likely rebounded last month after storms and strikes curtailed October job growth
Hiring in the United States likely rebounded last month from a dismal October, when hurricanes and strikes reduced job growth ...
Employers Added 227,000 Jobs in November
The labor market bounced back last month, as workers sidelined by storms got back on the jobs, and as thousands of striking ...
Stock market today: Indexes trade mixed after hitting records as traders eye upcoming jobs report
Indexes were mixed after all three major averages closed at records on Wednesday. Bitcoin traded around $103,000.