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Economy Adds 321,000 Jobs In November, Unemployment Holds Steady

The November jobs report from the Bureau of Labor Statistics showed that the U.S. job market continues to improve at a steady pace.

Here are the two big numbers from Friday's report:

The economy added 321,000 jobs — much more than the 214,000 produced in October, and much more than the estimated 200,000 a month needed to keep pushing down the unemployment rate.

The number of jobs added each month, dating back to 2004.
/ BLS
/
BLS
The number of jobs added each month, dating back to 2004.

The unemployment rate, which is calculated using a survey, held steady at 5.8 percent.

The unemployment rate by month, dating back to 2004.
/ BLS
/
BLS
The unemployment rate by month, dating back to 2004.

The BLS also revised both the September and October numbers. Combined, those months saw about 44,000 more jobs added than previously reported.

The Associated Press adds:

"The large gains come after the economy expanded from April through September at its fastest pace in 11 years. The additional jobs should help boost growth in the coming months.

"But the large increases are not yet lifting most Americans' paychecks."

Copyright 2021 NPR. To see more, visit https://www.npr.org.

Eyder Peralta is an international correspondent for NPR. He was named NPR's Mexico City correspondent in 2022.

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SOMOS CONNECTICUT es una iniciativa de Connecticut Public, la emisora local de NPR y PBS del estado, que busca elevar nuestras historias latinas y expandir programación que alza y informa nuestras comunidades latinas locales. Visita CTPublic.org/latino para más reportajes y recursos. Para noticias, suscríbase a nuestro boletín informativo en ctpublic.org/newsletters.

Federal funding is gone.

Congress has eliminated all funding for public media.

That means $2.1 million per year that Connecticut Public relied on to deliver you news, information, and entertainment programs you enjoyed is gone.

The future of public media is in your hands.

All donations are appreciated, but we ask in this moment you consider starting a monthly gift as a Sustainer to help replace what’s been lost.