39K jobs added in November; 9.8 percent unemployment
Just as the Federal Reserve decided to add more money into the economy to stimulate growth, unemployment rates rose unexpectedly as employers added fewer jobs in November than originally forecast, according to a Bloomberg News report.
However, the news agency surveyed economists, and the latest employment numbers are less than the economists most pessimistic projections. According to Bloomberg News, payrolls increased 39,000. The jobless rate rose to 9.8 percent — the highest since April, according to the U.S Department of Labor figures.
From our partners
Developing a solid relationship with Demolition Technologies Specialized Services enables Crushing Tigers and Sandvik Construction to impact the demolition and…
MORE FROM Aggbeat Online
SUBSCRIBE & FOLLOW
- Quarry explosion damages homes and cars and injures one person1050 Views
- Martin Marietta mine among 18 cited during MSHA monthly inspection in April470 Views
- EPA releases final Waters of the U.S. rule, aggregates industry reacts385 Views
- Vulcan Materials conducts blast for the 'Mayan steps' restoration326 Views
- Man dies after nearly 100-foot fall into quarry326 Views