America is arising quick on jobs because the financial restoration falters
The unemployment charge inched down to six.7%, from 6.9% in October.
Eight months after Covid-19 introduced the economic system to a screeching halt, and following better-than-expected enhancements over the summer time months, the restoration is working out of steam.
The economic system continues to be down 9.eight million jobs since February, earlier than the disaster started.
Millions of Americans continue to struggle with joblessness via no fault of their very own. The pandemic unemployment advantages launched by the CARES Act within the spring will expire at year-end until Congress acts quick.
This is a creating story. It will probably be up to date.