Economy Adds 321,000 Jobs In November, Unemployment Holds Steady
The November jobs report from the Bureau of Labor Statistics showed that the U.S. job market continues to improve at a steady pace.
Here are the two big numbers from Friday's report:
— The unemployment rate, which is calculated using a survey, held steady at 5.8 percent.
The BLS also revised both the September and October numbers. Combined, those months saw about 44,000 more jobs added than previously reported.
The Associated Press adds:
"The large gains come after the economy expanded from April through September at its fastest pace in 11 years. The additional jobs should help boost growth in the coming months.
"But the large increases are not yet lifting most Americans' paychecks."
Copyright 2021 NPR. To see more, visit https://www.npr.org.