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fter a worryingly low October jobs report, the latest Bureau of Labor Statistics employment data, released Friday, saw a rebound in hiring, while wage growth stagnated and unemployment ticked up slightly. Let’s dive
in.Jobs rebound. Employers added 227,000 jobs in November, a significant increase from the revised 36,000 job gains in October, which was marred by severe weather and strike activi
ty.Transportation equipment manufacturing increased by 32,000 jobs in November, boosted by Boeing’s machinists returning to work following their seven-week strike. Additionally, healthcare added 53,600 jobs, while accommodation and food services added 34,600. Retail trade, however, saw the largest decline in