ECON­OMY: Em­ploy­ers’ pace of hir­ing slowed in Novem­ber

Milwaukee Journal Sentinel - - Business -

U.S. em­ploy­ers added a dis­ap­point­ing 155,000 jobs in Novem­ber as hir­ing slowed amid worker short­ages, the coun­try’s trade fight with China and wild stock mar­ket swings. The un­em­ploy­ment rate was un­changed at a near half-cen­tury low of 3.7 per­cent, the La­bor Depart­ment said Fri­day. Econ­o­mists sur­veyed by Bloomberg had es­ti­mated that 199,000 jobs were added last month. Also, em­ploy­ment ad­di­tions for Septem­ber and Oc­to­ber were re­vised down by a mod­est 12,000.

Newspapers in English

Newspapers from USA

© PressReader. All rights reserved.