jobs, November
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The latest federal jobs report reveals rising unemployment among Black workers, disappearing factory jobs and lopsided growth in the health care sector.
November’s job report may be distorted as a result of the government shutdown, limiting how much it will influence the Federal Reserve’s next interest rate decision in January.
The government shutdown put the jobs report behind schedule. This week’s release will bring data on October and November, though some information will be missing.
The U.S. labor market is showing further signs of cooling, as the latest jobs report indicates that unemployment has risen to its highest level in four years. There was some good news as payrolls climbed by 64,
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The October and November jobs reports are expected this morning. Follow along for live updates on the Dow, S&P 500, Nasdaq and other markets.
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Government figures released Thursday show California's unemployment rate rose, while a Chapman University forecast predicts slow job growth next year.
The jobs data showed that the labor economy remains stable, though the stableness is arguably sector specific. Read what investors need to know.