ECONOMY: Employers’ pace of hiring slowed in November
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.