Far Fewer Jobs Were Added in November Than Forecast
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The economy added 112,000 payroll jobs in November, far fewer than the month before and not enough to keep up with average increases in the adult population.
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The outlook for the holiday season dimmed yesterday as the nation's retailers reported disappointing sales for November following an uninspiring Thanksgiving weekend.
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Factory activity in the U.S. Mid-Atlantic region slowed in November, but held in positive territory as the outlook for the future bounced back from depressed levels, a survey showed on Thursday.
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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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Employers slowed their hiring as they headed into the holiday shopping season, adding just 112,000 new jobs in November for the weakest gain in five months.
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A weaker-than-anticipated report on the US labor market, showing just 112,000 jobs added in November, disappointed some but confirms a still-sluggish pace of US economic growth, analysts said.
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The US economy created only 112,000 new jobs in November, the government said on Friday, about a third October&#39;s total and weak enough to deepen a shadow of uncertainty hanging over the holiday sales season.
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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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The Gap had a dismal November sales period.
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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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The Labor Department said the unemployment rate in November declined to a three-month low of 5.4 percent from 5.5 percent. Wall Street economists were expecting non-farm payrolls to rise by 200,000 -- nearly
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Planned job cuts at US firms climbed during November, a report said on Tuesday, in a further sign of sluggishness in the labor market.
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Employers posted fewer job openings  and hired fewer people in December than a year ago, government  data showed on Tuesday, in a report that further underlined the  weakness of the labor market.
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US employers added just 112,000 new jobs heading into the Christmas shopping season, the weakest employment gains in five months and half of what economists expected.
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The economy added 157,000 payroll jobs in December, the Labor Dept. said today, an improvement over November.
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U.S. businesses added 96,000 jobs to payrolls in September, the government reported on Friday, a weaker-than-expected total that was expected to sharpen a presidential debate later in the day over the economy's direction.
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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.