evrimagaci.org on Nostr: U.S. Job Market Surges Back With 227,000 New Jobs ========== In November 2024, the ...
U.S. Job Market Surges Back With 227,000 New Jobs
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In November 2024, the U.S. job market added 227,000 new jobs, rebounding from a previous slowdown. This surge exceeded economists' expectations of 200,000 jobs. The October job creation figure was revised upward from 36,000. The unemployment rate rose slightly from 4.1% to 4.2%, with approximately 7.1 million unemployed individuals. Key sectors contributing to job growth included health care and leisure/hospitality, each adding 54,000 jobs. The government added 33,000 jobs, while professional business services contributed 26,000. Average hourly earnings increased by 0.4%, reaching $35.61. The Federal Reserve is likely to respond to these job numbers amid ongoing inflation concerns. Analysts express cautious optimism about the job market's resilience despite challenges such as potential tariffs and rising consumer credit card debt.
#JobMarket #Employment #Economy #UsNews #November2024 #Unemployment #Wages #FederalReserve #EconomicGrowth #LaborMarket
https://evrimagaci.org/tpg/us-job-market-surges-back-with-227000-new-jobs-79724
==========
In November 2024, the U.S. job market added 227,000 new jobs, rebounding from a previous slowdown. This surge exceeded economists' expectations of 200,000 jobs. The October job creation figure was revised upward from 36,000. The unemployment rate rose slightly from 4.1% to 4.2%, with approximately 7.1 million unemployed individuals. Key sectors contributing to job growth included health care and leisure/hospitality, each adding 54,000 jobs. The government added 33,000 jobs, while professional business services contributed 26,000. Average hourly earnings increased by 0.4%, reaching $35.61. The Federal Reserve is likely to respond to these job numbers amid ongoing inflation concerns. Analysts express cautious optimism about the job market's resilience despite challenges such as potential tariffs and rising consumer credit card debt.
#JobMarket #Employment #Economy #UsNews #November2024 #Unemployment #Wages #FederalReserve #EconomicGrowth #LaborMarket
https://evrimagaci.org/tpg/us-job-market-surges-back-with-227000-new-jobs-79724