November Job Growth Unexpectedly Soft
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A surprisingly soft 112,000 new U.S.  jobs were created in November, the Labor Department said on  Friday, casting a shadow across an already downbeat holiday  sales season with consumers apparently worried by scarce work  and high oil prices.
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U.S. manufacturing contracted in  November for the first time in 3-1/2 years, while construction  spending fell sharply in October, according to reports on  Friday pointing to a slowdown in the U.S. economy.
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The nation&#39;s labor markets sputtered again last month as job growth, which surged in October, reverted to the lackluster pace that has marked the recovery for much of the year.
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Construction spending edged up slightly in November as a continued steep slump in housing was offset by record spending on government and business projects. But a key gauge of manufacturing activity fell in December to the lowest point in almost five years.
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WASHINGTON -- Wholesale prices and retail sales jumped in November and jobless claims fell last week.
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Planned job cuts at U.S. firms climbed  during November, a report said on Tuesday, in a further sign of  sluggishness in the labor market.
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US employers pulled back on hiring as they entered the holiday shopping season, adding just 112,000 new jobs overall in November. It was the weakest gain in five months and about half of what economists had forecast.
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Gearing up for the holidays, employers boosted hiring in November, and hundreds of thousands of jobseekers streamed into the market, nudging the unemployment rate up to 4.5 percent.
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The number of people claiming jobless benefits has fallen unexpectedly in November.
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U.S. factory activity shrank in  November for the first time in 3-1/2 years as new orders,  production and employment fell and prices paid rose, according  to a survey published on Friday.
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The outlook for U.S. manufacturing  improved in November as factories hired more workers in  response to a jump in new orders, a national survey published  on Wednesday showed.
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The housing sector is in a funk, auto sales are weak, and manufacturing jobs are drying up. So why were Friday's employment numbers surprisingly strong?
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US industrial production grew in November, but at a slower pace than October's increase, figures show.
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The U.S. economy added a modest  97,000 jobs in February, the smallest gain in two years, but  job growth in prior months was stronger than first thought and  the unemployment rate dropped, the government said on Friday,  easing fears over economic weakness.
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The economy added 18,000 jobs to nonfarm payrolls, the smallest monthly gain in more than four years. The unemployment rate rose to 5 percent.
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Planned job cuts at US companies climbed during November, a report said on Tuesday, a further sign of sluggishness in the labor market.
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US employers pulled back on hiring as they headed into the holiday shopping season, adding just 112,000 new jobs overall in November.