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Job growth slowed sharply in November, weighed down by COVID-19

Posted on AllSides December 4th, 2020
From The Left

Hiring around the U.S. slowed sharply last month as the coronavirus battered the economy, the Labor Department said Friday. Employers added 245,000 jobs in November — the slowest pace of monthly job growth since April, and about half what economists had expected.

Payroll gains last month amount a sharp drop from the 610,000 jobs added in October and 710,000 in September. The nation's unemployment rate, which has steadily declined since peaking at nearly 15% in April, ticked down to 6.7%. But it fell for a bad reason — 400,000 people...

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https://www.cbsnews.com/news/november-bls-jobs-report-slowing-employment-growth/

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