The construction industry is now adding an average of 19,000 jobs per month in 2022, up from 16,000 jobs a month in 2021. Employment in retail trade fell by 30,000 jobs in November and has fallen by 62,000 jobs since August. Here's how economists and others reacted to the November jobs report on Twitter:US added 263,000 net new jobs in November, more than the 200,000 gain consensus by economists surveyed by @WSJUnemployment rate was unchanged at 3.7%. Employment growth appears to still be running at historically high rates, unemployment remains lower than some believe is sustainable, and there's some evidence that wage growth ticked up. — Justin Wolfers (@JustinWolfers) December 2, 2022The jobs report is encouraging for workers getting jobs & the economy not slipping into recession: 263K jobs added and unemployment remains 3.7%.

Source: Washington Post December 02, 2022 18:28 UTC