Jobs

NBC News - The United States shed 105,000 jobs in October and added 64,000 jobs in November, the Bureau of Labor Statistics said Tuesday, lifting a monthslong fog that had shrouded the labor market. The unemployment rate rose to 4.6% in November.

The national employment picture already looked fragile before Tuesday’s report. Jobs reports in June and August showed net job losses, the first time since 2020 that there have been two months of contractions before November.