Employment Report: 64K Jobs Added In November Followed By October's 105K Loss
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Advisor Perspectives Charts6.54K FollowersFollow5ShareSavePlay(9min)CommentsSummaryThe latest employment report showed that 64,000 jobs were added in November, following the loss of 105,000 in October.The unemployment rate rose to 4.6%, its highest level since September 2021. This figure was higher than the expected 4.5% rate.Total nonfarm payroll employment changed little in November (+64,000) and has shown little net change since April.The latest 12-month moving average is at 78,000, its lowest level since the initial aftermath of the pandemic. skynesher/E+ via Getty Images By Jennifer Nash The latest employment report showed that 64,000 jobs were added in November, following the loss of 105,000 in October. This figure was higher than the expected 50,000 addition. Meanwhile, the unemployment rate rose to 4.6%, its highestThis article was written byAdvisor Perspectives Charts6.54K FollowersFollowAdvisor Perspectives is a leading interactive publisher for Registered Investment Advisors. Our AP Charts & Analysis portion of our website analyzes economic and market trends.