November’s job report saw a gain of 245,000 nonfarm jobs, according to the U.S. Bureau of Labor Statistics’ monthly employment report. The improvements are a reflection of the continued resuming of activities due to COVID-19. Employment rose in transportation and warehousing, professional and business services and health care. Retail trade and government jobs declines.
November’s unemployment rate declined to 6.7%, down from 6.9% in October. The civilian labor force participation was 61.5%, slightly down from 61.7% in October.
The report found that in November, average hourly earnings for employees on private, nonfarm payrolls increased by 9 cents to was $29.58.