U.S. Job Growth Remains Strong, Defying Fed’s Rate Strategy [The New York Times]
Walmart Inc. (WMT)
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Source: The New York Times
Skip to contentSkip to site indexEconomyToday’s Paper|U.S. Job Growth Remains Strong, Defying Fed’s Rate Strategyhttps//www.nytimes.com//12/02/business/economy/jobs-report-november.htmlmentContinue reading the main storySupported byEmployers added 263,000 workers in November, even as some industries showed signs of a slowdown. Wage growth exceeded expectations.Monthly change in jobs263,000600,000 jobs400,000200,000Nov.’21Feb.’22MayAug.Nov. ’21Feb. ’22Data is seasonally adjusted.Source Bureau of Labor StatisticsBy Ella KoezeLydia DePillisDec. 2, Updated400 p.m. ETAmerica’s jobs engine kept churning in November, theLabor Department reported FridayEmployers added 263,000 jobs, even as a wave of layoffs in the tech industry made headlines. That was only a slight drop from the revised figure of 284,000 for October.The unemployment rate was unchanged at 3.7 percent, while wages were 5.1 percent higher than a year earlier, a bigger rise than expected.Those signs of strength perpetuate a stra
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