evrimagaci.org on Nostr: US Job Market Rebounds With 227000 Jobs Added In November ========== In November ...
US Job Market Rebounds With 227000 Jobs Added In November
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In November 2024, the U.S. job market added 227,000 jobs, rebounding from 36,000 jobs in October due to hurricanes and strikes; upward revisions increased September and October job gains by 56,000; unemployment rate rose from 4.1% to 4.2%; wages increased by 0.4% month-over-month and 4% year-over-year; sectors contributing to job growth included healthcare, leisure, hospitality, and government, accounting for nearly 70% of new jobs; retail sector lost 28,000 jobs; economists express caution regarding long-term job availability; Federal Reserve raised interest rates 11 times since 2022; inflation decreased from 9.1% to 2.6%; overall economic growth was 2.8% annually in Q3 2024; experts suggest underlying concerns despite apparent job growth.
#JobMarket #Employment #Economy #Inflation #Wages #FederalReserve #November2024 #UsNews #LaborMarket #EconomicGrowth
https://evrimagaci.org/tpg/us-job-market-rebounds-with-227000-jobs-added-in-november-80441
==========
In November 2024, the U.S. job market added 227,000 jobs, rebounding from 36,000 jobs in October due to hurricanes and strikes; upward revisions increased September and October job gains by 56,000; unemployment rate rose from 4.1% to 4.2%; wages increased by 0.4% month-over-month and 4% year-over-year; sectors contributing to job growth included healthcare, leisure, hospitality, and government, accounting for nearly 70% of new jobs; retail sector lost 28,000 jobs; economists express caution regarding long-term job availability; Federal Reserve raised interest rates 11 times since 2022; inflation decreased from 9.1% to 2.6%; overall economic growth was 2.8% annually in Q3 2024; experts suggest underlying concerns despite apparent job growth.
#JobMarket #Employment #Economy #Inflation #Wages #FederalReserve #November2024 #UsNews #LaborMarket #EconomicGrowth
https://evrimagaci.org/tpg/us-job-market-rebounds-with-227000-jobs-added-in-november-80441