WASHINGTON — America’s employers scaled back their hiring last month as the viral pandemic accelerated across the country, adding 245,000 jobs, the fewest since April and the fifth straight monthly slowdown.
WASHINGTON — America’s employers scaled back their hiring last month as the viral pandemic accelerated across the country, adding 245,000 jobs, the fewest since April and the fifth straight monthly slowdown.
At the same time, the unemployment rate to a still-high 6.7%, from 6.9% in October, the Labor Department said. November’s job gain was down from 610,000 in October.
Friday’s report of another slowdown in hiring was the latest evidence that the job market and the economy are faltering in the face of a virus that has been shattering daily records for confirmed infections.
Before the pandemic, last month’s gains would have been considered healthy. But the U.S. economy is still roughly 10 million jobs below its pre-pandemic level, with a rising proportion of the unemployed describing their jobs as gone for good. Faster hiring is needed to ensure that people who were laid off during the pandemic recession can quickly get back to work.
Two enhanced federal unemployment benefits programs are set to expire at the end of December — just as viral cases are surging and colder weather is shutting down outdoor dining and many public events. Unless Congress enacts another rescue aid package, more than 9 million unemployed people will be left without any jobless aid, state or federal, beginning after Christmas.
