"The United States economy lost 41,000 jobs in October and November, and the unemployment rate has ticked up to its highest level since 2021 as the labour market cools amid ongoing economic uncertainty driven by tariffs and immigration policies. In November, the US economy added 64,000 jobs after shedding 105,000 in October, according to a report released on Tuesday by the Department of Labor's Bureau of Labor Statistics."
"The unemployment rate rose to 4.6 percent, up from 4.4 percent in September. Because of the government shutdown in October and November, the US government was unable to gather key data used to gauge the state of the economy, including the unemployment rate for October. October's job losses reflected the 162,000 federal workers who lost their posts, a result of deferred buyouts of their contracts, which expired at the end of September."
"Gains were seen in the healthcare, social assistance and construction sectors. Healthcare added 46,000 jobs higher than the 39,000 jobs gained in the sector on average each month over the past 12 months. Construction added 28,000, consistent with average gains over the past year. The social assistance sector added 18,000 jobs. Transportation and warehousing lost 18,000. Manufacturing jobs are also on the decline."
US payrolls declined by 41,000 across October and November, reflecting a 105,000 job loss in October and a 64,000 gain in November. The unemployment rate rose to 4.6 percent from 4.4 percent in September. Government shutdowns interrupted data collection, and October losses included 162,000 federal workers who lost posts after deferred contract buyouts, with another 6,000 government job losses in November. Healthcare added 46,000 jobs, construction added 28,000, and social assistance added 18,000. Transportation and warehousing lost 18,000 jobs. Manufacturing continued to shrink, and part-time workers for economic reasons rose to 5.5 million.
Read at www.aljazeera.com
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