Jobs

Good News and 'Warning Signs' in the November Jobs Report

12/5/20
from The Gray Area,
12/4/20:

Good News: Seventh consecutive month of gains; unemployment rate down to 6.7%.

Warning Signs: Job gains are at a steadily cooling pace; a fifth month of tapering, amid a coronavirus surge and economists also worry about a shrinking labor force, rising long-term unemployment and elevated joblessness among Black workers.

from CNBC,
12/3/20:

The economy added 245,000 jobs in November and the unemployment rate fell to 6.7%, the Bureau of Labor Statistics reported Friday. But economists were worried by slowing job growth, a shrinking labor force, rising long-term unemployment and elevated joblessness among Black workers.

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