Job growth rebounded in November from the weather-related slowdown the previous month, fresh evidence that the labor market remains healthy despite signs of a softening economy overall, according to new government data released Friday. The nation’s unemployment rate edged up to 4.2% last month from 4.1% as more people reported being unemployed and others left the labor force. That is still low by historical standards, although the rate has crept up from 3.7% at the start of this year.
Friday's report showed that employers added 227,000 net new jobs in November, led by big gains in healthcare and leisure and hospitality. The retail industry, which in past years tended to add a lot of seasonal help in late fall, lost 28,000 jobs over the month and has barely grown all year, a reflection of continuing difficulties at brick-and-mortar stores and a slowdown in retail sales.
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