US economy added a robust 263,000 jobs in November | CNN Business

  • 📰 cnnbrk
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 55%

Business News News

Business Business Latest News,Business Business Headlines

America added a robust 263,000 jobs last month, defying expectations and the Fed's efforts to cool the economy.

The unemployment rate held steady at 3.7%, according to the Labor Department, which released the latest monthly jobs snapshot on Friday morning. Economists surveyed by Refinitiv had expected the pace of hiring to slow to a gain of only 200,000 jobs in November and the unemployment rate to stay flat at 3.7%. Some of the largest monthly job gains were in the leisure and hospitality sector, as well as health care.

Officials at the central bank have expressed concern about rising wages keeping inflation elevated. In November, average hourly earnings increased 0.6% from the month before and 5.1% year over year. Economists were expecting those rates of increases to slow from October, where they increased by a revised 0.5% month-over-month and 4.9% year-over-year.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

No titles for M&H. Victims they r not. They will destroy the Royal fam for a large check. Be done with them-they r Americans now & we don’t want them either.

So now only 10 million more to go because didn’t we lose 20 million when Democrats shut everything down

Amazon returns - 'It can take up to 2 wks to process return. Certain items can take up to 30 days.' Consumer monies shouldn't be held up for 30 days. Please investigate.

What a lie! Why not tell the truth! This is jobs from preCovid.

And still having got a call back from any of those jobs

Stop lying report on this instead

And still Joe Biden remains a failure.

This is a PR move by the regime to quiet the upcoming nationwide protests. After 3 months of violence, rape, imprisonment & murder of protesters, it’s too little too late. This uprising is no longer just about draconian dress codes. The Iranian people want democracy. MahsaAmini

I wonder what the real numbers at and , do they account for people changing jobs or taking a 2nd job ?

What about Twittergate?

Twitter’s absolute proof. A Vice President Joke Biden and Presidential candidate for DNC actively knowingly colluded with big tech to suppress negative truthful information to influence a national election!!!! Pure Treason!!! And the FBI and DOJ helped. We all must take ACTION!!

Bullshit

Not true

eggs are $7 per dozen, gas is still north of $3/gal, and everything in between costs more. Retirees are coming out of retirement bc they can’t afford this utopia you speak of. Where’s that story?

less people working now than Trump's peak employment.Really misleading.kinda like not covering big tech swaying a presidential election.AND UNDER YOUR NAME IT SAYS BREAKING NEWS HAHAHA. AND YET YOU DONT COVER THE BIGGEST STORY SINCE ARE PAID FOR ACTORS

Evidence of one of the biggest political scandals in modern American history was revealed yesterday by .elonmusk and 99% of the media is silent.

Keep lying, Fake News!

CNN is a fraud

breaking news, you guys are once again not covering hunter biden.

o well....

And this is the balance you think your Boss is seeking?

For 6 years trumps taxes what's going on really

Where's your response related to Twitter releasing the smoking gun evidence of the DNC censorship of articles related to the Hunter Biden laptop that are so incriminating? CNN news is disgusting and untrustworthy. The same old TNM, nothing has changed.

Ya'll acting like this is a good thing.. LOL Will only stagnate inflation..

😂😂😂 BidenCrimeFamilly corruptfbi

How many layoffs How many S canned at your dump

What about Twitter files?

NOT a PEEP out of you! No mention of the BOMBSHELL (a word you love) report of the documents Elon Musk released! You are not a news source or even a journalist.

😆😆😆 sure!!

Make sure you ignore that labor participation rate

This is why I can’t watch CNN anymore. Bombshell story out that the DNC and lawmakers communicated with Twitter to coordinate suppression of NEWS and CNN is misleading america about “adding” (really replacing jobs) Pathetic!

No coverage of Elon’s file dump. This is why people don’t watch or trust your network.

Report on twitterfiles

Do some REAL reporting.

James Woods: Elon Musk may have saved America

lockthebidensup

People returning to jobs they were kept from for nearly two years aren't added jobs.

twittergate files still being suppressed?

Biden and his administration is still a complete failure as leadership. This is just the market working itself despite an ailing government.

Biden and his administration is still a complete failure as leadership. This is just the market working itself despite an ailing government.

Have yourself a happy Merry Christmas part-time job...

jania niemaiprawa trci che ztrzmac sprdzic wjani kndutrmze ztrzmac pzicag autbus sdzc builty jania ptraktwaprcebeczxestwa dzilojania naza imi ob jania osabjabjkj hiro wyszyodzy waliul jezk lezy zimy

badczy mog oktyczaszka wrzek b japnia . siedza dziurwia stronajaponia

amde in japna - . wszay trci sua polska bedzielideram njdzyakj rdzanie escjia - jpnia zdecydwanie jania mozg jani iscaosab odpwada rzmirawi zbrdnia zangazwaniu

skarcajac infrmacje japoniajczny samrecami najwzniszm momncie pscai krajeldzi wsany kraj brudasy jani jaczycyzapenian rdertor nuac -ma jzadatetowe? zakznire tozbia czrmymarayjczyk ? jes dzuooblijaniania mal grupa poasab . jaczyracja zanziren dziau ltkiprwe

Fake News

It's interesting possibility of economy sabotage by job creation...

Why are you censoring the blockbuster Twitter story?

Why do people fall for this?

Lol. People took these jobs cause one job is not enough to survive the inflation dems caused

This will push up inflation and is bad. If the US has more required employment than we have people then business will have to pay more to hire those people and in doing so will have to raise prices to cover the increased cost. Biden bragging about numbers that are killing America

Fed may continue raise interest rates along with job growth that tells me there is no chance of a recession because the dollar is still strong even in this bullish market

The job hiring is because stores need help with Christmas coming, lets see the job numbers in January.

The Clinton news network is still spreading left wing lies.

These are cleaning toilets jobs.

Jim_Jordan BillOReilly RepMTG GOPLeader This is not jobs, this all the Covid people lost their jobs due to the Covid. Look at our economy with high gas prices, food , open borders and war will soon dissipate what shows about jobs.

You would almost think that there is a major shopping holiday coming and they anticipated needed more staff to accommodate the increase in customers. Let's see the numbers in February.

Employees moving from job A to job B doesn't create a new job. Who fills job A? Look at the number of people employed.

Christmas jobs! Don’t get excited!

I believe those government reports just like my crystal ball.

Let's see so the only way to curb inflation is to have American workers make less that is where rich over powers the poor. Why doesn't corporate stop anticpating higher costs and stop raising prices. Profits are king!

CNN? it is lying. Fed is trying to bring the inflation down, not the economy.

What to expect. Layoffs at CNN soon MSNBC and ABC. Funny left wing media wow

Yeah, bullshit. Looking forward to the layoffs at cnn, and at all media outlets though.

Up cause I need 3 jobs to pay the bills now. Way to shine a turd. Your economy can kiss my ass. This is horrible.

Good cuz all the laid off people at CNN won't have a hard time finding a job laugh out loud

Why isn't CNN listed as State Media on here?

Thank you President Biden

Can this be reported for misinformation?

So what’s your excuse? A_yud

I guess the recession the GOP is praying for isn’t happening…

We are still facing nearly 7 million open jobs. We are still way behind pre-COVID employment numbers. Although these growth numbers are good we are still woefully under performing

How can someone apply, am in Nigeria

Feds efforts?... Have been to cool inflation.... Desantis 2024!

Jobs added at 3.7% unemployment with millions disinterested in working not included in the numbers. People still overspending unearned dollars and using way too much credit. Inflation still doing much damage.

Oh boy give me a break hamburger only cost $10 a pound why are fearless leader eats Lobster

What about reporting the OVER 400,000 JOBS LOST , you got problems !

Massive layoffs and McDonalds is hiring, ok CNN

No one wants to work Jethro

they conveniently omit holiday hiring because it makes joe look good.

🤣🤣🤣🤣🤣🤣🤣

So ... You're saying that despite the best efforts of the government to destroy our economy, the American people found a way to push forward? Yippee!

Still adding jobs and the unemployment rate is flat. That’s a good thing. Rising wages is interesting and could be due in part to employee retention and competitive hiring. We’ll see if he jobs numbers stay consistent after the holidays when seasonal employment ends.

No one's dumping employees faster than CNN! Nobody cares what you have to say!

McDonald's jobs maybe

Thanks Joe! DarkBrandon JobsJobsJobs

What is the median wage of those jobs? If near minimum wage, this doesn’t matter.

Eliminate the brat tax credit for any parent who refuses to work.

This compared to the 20 million jobs lost under Biden.

The report said 50k, again youre lying. Pathetic

State sponsored fake news propaganda.

Don’t forget get all the jobs and life’s homes that people lost because the democrats shut down the country for a fake Covid now it’s all coming out if it was real all the homeless people would of die and all the 3rd world countries also

I'd really like top now what these jobs are? they don't seem to exist

For a company that post a job like that , we all know the type of job. Flexible ? I bet it is for tips

Lies. Lies. Lies.

Lies. Lies. Lies.

Lies. Lies. Lies.

CrazyNewsNetwork gonna. CrazyNewsNetwork always spinning the numbers we’re about 80,000 lower than projected but you keep claiming “robust”

Now report on how many lost their jobs… you can start with your own company!

Doesn’t matter how many jobs you add if they aren’t livable wages and filled positions it’s just a gimmick

Hiring people is not defying the Fed. The Fed can shrink the money supply without causing unemployment. It just means that strategy is working.

Hip Hip Hurray!!

I have been seeing a lot of job layoffs.

Are they subtracting all the layoffs?

I call bullshit I’m 35 years old and I have never seen so many help wanted signs I’d like to know where all these knew jobs are ? In China ?

Clearly the new minimum labor rates are just wrecking the economy! I mean 'we won't be able to afford to hired people .... wah wah wah' (a likely quote from a couple of years ago).

These jobs aren't careers though. Minimum wage/PT jobs shouldn't count as jobs statistically. Only full-time, living wage jobs should count.

Laid off folks collecting are going back to work but there are many jobs still open but because of the WH and some state policies still make it more appealing to collect unemployment or take the easy non productive route.

How many jobs did you add, CNN?

Well it is peak shopping season.

“Jobs Added” does not equate to “Jobs Filled”

BULLSHIT

I saved 16 cents last 4th of July

Lies are lied by liars! But keep it up kids! Someone will buy into the U.S. not facing its worst recession since the Great Depression. Someone. No one paying attention. But someone.

I guess it was too soon to deduct the hundreds of fired CNN angry opinion jokers😂. Kudos to Licht for trying to turn CNN back to a news channel.

Probably people getting second job so they can pay their increased mortgages.

Dow down 291

What does this have to do with securing the Southern border?

POTUS keeps on delivering for the American people! BidenDeliversAGAIN BidenDelivers Biden

🤣🤣🤣🤣🤣🤣🤣🤣

falling prices+job growth, isn't that good?

Taco Bell ?

Wonder if the number will be “revised” next week

And yet inflation is so high none of these people can even afford a hot dog

CNN is the worst. Massive layoffs this month. Love it. Their chickens have come home to roost.

Jobs Jobs Jobs,Thank You President Biden

Because people need 2-3 jobs to survive in this economy that the Biden Administration has put us in.

Many companies are laying off people in record numbers and preparing for a dark winter of sales. Keep gaslighting the ignorant because they love that.

Is Biden still bad, GOP LOL! NOT!

That’s really not that big. About 100,000 people work in a Walmart Supercenter so this basically just means 2 of those opened

CNN is fake news.

what a lie....people simply went back to work...

Defying expectations? Who's? Exactly? Despite the feds effort? This is the feds effort lol

This post-Covid economy is strange, to say the least.

Yup cnn always bull 💩

Thanks Biden

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 393. in BUSİNESS

Business Business Latest News, Business Business Headlines