A “Help Wanted” sign hangs in restaurant window in Medford, Massachusetts, U.S., January 25, 2023.
Brian Snyder | Reuters
Nonfarm payrolls grew slightly more than expected in November, the Bureau of Labor Statistics reported Tuesday in numbers delayed by the government shutdown.
Job growth totaled 64,000 for the month, better than the Dow Jones estimate for 45,000.
The unemployment rate rose to 4.6%, more than expected.
In addition to the November report, the BLS released an abbreviated October count that showed payrolls down 105,000. While there was no official estimate, Wall Street economists were largely expecting a decline following a surprise increase of 119,000 in September.
This is breaking news. Please refresh for updates.
Please follow and like us:
