US job growth slowed significantly in November, adding 64,000 positions, a stark contrast to October's loss. The unemployment rate climbed to 4.6%, its highest since 2021, influenced by federal workforce reductions and economic uncertainties. Businesses are hesitant to expand due to AI integration and policy unpredictability.
US labour market stumbles in Nov: Unemployment rate at 4.6%; highest since 2021
Published 2 hours ago
Source: timesofindia.indiatimes.com
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