Survey: Businesses added just 67,000 jobs in November - News Summed Up

Survey: Businesses added just 67,000 jobs in November


WASHINGTON - U.S. companies added just 67,000 jobs in November, a private survey found, barely half the gain of the previous month. Payroll processor ADP said that manufacturers, construction firms and mining companies cut 18,000 jobs combined. The return of striking workers is expected to increase job gains in November’s official report to be released Friday. But job gains have slowed this year to an average of 167,000 a month, down from 223,000 last year. Trade tensions and slowing global growth have cut into U.S. exports and caused factories to cut jobs for much of this year.


Source: thestar December 04, 2019 14:48 UTC



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