Compared with the need, job gains were meager in November. At this rate recovery will take years
In yet another indication that the recovery from the Pandemic Recession has dramatically slowed, the Bureau of Labor Statistics reported Friday that nonfarm employment rose by a mere 245,000 jobs in November. There were 344,000 gained in the private sector, but in all levels of the public sector 99,000 jobs were lost. The headline unemployment rate fell to 6.7%, but that was mostly a product of 400,000 people leaving the labor force.





























