Employment Rose by 245K in Nov., Unemployment Declined 6.7%
Washington, DC, December 4, 2020-Total nonfarm payroll employment rose by 245,000 in November, and the unemployment rate edged down to 6.7%, the U.S. Bureau of Labor Statistics reported.
These improvements in the labor market reflect the continued resumption of economic activity that had been curtailed due to the coronavirus (COVID-19) pandemic and efforts to contain it. However, the pace of improvement in the labor market has moderated in recent months. In November, notable job gains occurred in transportation and warehousing, professional and business services, and health care. Employment declined in government and retail trade.