Employers Add 199,000 Jobs in November, Signaling a Resilient Labor Market and Raising Hopes for a ‘Soft Landing’
In Friday’s report from the Labor Department, the unemployment rate drops to 3.7 percent from 3.9 percent, not far above a five-decade low of 3.4 percent in April.
WASHINGTON — The nation’s employers added a solid 199,000 jobs last month and the unemployment rate fell, fresh signs that the economy could achieve an elusive “soft landing,” in which inflation would return to the Federal Reserve’s 2 percent target without causing a steep recession.
Please check your email.
A verification code has been sent to
Didn't get a code? Click to resend.
Have an account? Log In
To continue reading, please select:
Limited Access
Enter your email to read for FREE
Get 1 FREE article
Continue with
or
Unlimited Access
Join the Sun for a PENNY A DAY
$0.01/day for 60 days
Cancel anytime
100% ad free experience
Unlimited article and commenting access
Full annual dues ($120) billed after 60 days
