Author Topic: Unemployment Rate Jumps to 4.6% Even As Jobs Grow In November  (Read 197 times)

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Online mystery-ak

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Unemployment Rate Jumps to 4.6% Even As Jobs Grow In November
« on: December 16, 2025, 08:56:47 am »
Unemployment Rate Jumps to 4.6% Even As Jobs Grow In November

John Carney 16 Dec 2025

A long-delayed government report on Tuesday showed that the unemployment rate jumped in November to 4.6 percent.

The U.S. economy added 64,000 jobs in the month, the Department of Labor said, higher than the 50,000 expected. Economists had forecast an unemployment rate of 4.5 percent.

The prior month’s jobs figures, also not released until Tuesday, show a significant job loss of 105,000. The government has said it will not release a report on unemployment in October because it lacks data from a survey that the government did not conduct in October due to the shutdown.

The large decline in October was driven by a sharp contraction in federal employment. Federal government payrolls shrank by 162,000 in October. The Department of Labor said this was related to those who had accepted a deferred resignation earlier in the year coming off payrolls. In November, federal employment shrank by another 6,000. Federal payrolls are down by 271,000 since January.

Private sector employment climbed in October

https://www.breitbart.com/economy/2025/12/16/unemployment-rate-jumps-to-4-6-even-as-jobs-grow-in-november/
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Offline GtHawk

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Re: Unemployment Rate Jumps to 4.6% Even As Jobs Grow In November
« Reply #2 on: December 16, 2025, 01:48:13 pm »
The large decline in October was driven by a sharp contraction in federal employment. Federal government payrolls shrank by 162,000 in October. The Department of Labor said this was related to those who had accepted a deferred resignation earlier in the year coming off payrolls. In November, federal employment shrank by another 6,000. Federal payrolls are down by 271,000 since January.

And this is a bad thing?