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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A stronger-than-forecast 132,000 jobs were created in November, according to a government report on Friday that implied the U.S. economy had more underlying resilience than previously thought.
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New orders for long-lasting  U.S.-made manufactured goods rose by a much less-than-forecast  0.1 percent during November and a key gauge of corporate  appetite for investment also unexpectedly shrank, government  data on Thursday showed.
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AFP/File - A weaker-than-anticipated report on the US labor market, showing just 112,000 jobs added in November, cast fresh doubts over the pace of growth of the world's largest economy.
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The economy added 112,000 payroll jobs in November, the Labor Department reported today, far fewer than the month before and not enough to keep up with average increases in the adult population.
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Orders for durable goods rebounded in November and last week&#39;s jobless claims rose by 17,000, to 333,000, which was less than expected, according to reports yesterday from the Commerce and Labor Departments.
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NEW YORK: A surprisingly soft 112,000 new US jobs were created in November, the Labor Department said on Friday. The November figure -- the weakest since July -- came in well below Wall Street economists&#39; forecasts
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Growth in the huge services sector expanded in November, although the prices paid and employment components declined, according to an industry survey published Friday.
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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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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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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 US economy experienced another month of disappointing job growth in September, adding to the trend of lackluster hiring that has made this one of the weakest labor market recoveries in modern history.
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WASHINGTON - Employers slowed their hiring as they headed into the holiday shopping season, adding just 112,000 new jobs in November.
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Employers added fewer jobs than expected in December while the unemployment rate shot up to a two-year high, according to a government report Friday that showed a job market much weaker than Wall Street expectations.
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Wall Street stumbled after manufacturing unexpectedly contracted in November, raising concerns that the economy will not be able to achieve a soft landing.
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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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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.