The US economy added 199,000 jobs in November

Posted on AllSides December 8th, 2023
From The Left

The US economy added 199,000 jobs in November, according to Bureau of Labor Statistics data released Friday.

The unemployment rate fell to 3.7% from 3.9% the month before.

Economists were expecting net job gains of 180,000 for the month and for the unemployment rate to hold steady, according to Refinitiv.

The largest employment gains last month came in health care and government, which added an estimated 93,200 and 49,000 jobs, respectively. Manufacturing saw a boost, too, largely because of the return of striking autoworkers.


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