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US economy adds 227K jobs in November, unemployment rate rises
image 6 December، 2024
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The report issued by the US Bureau of Labor Statistics a few moments ago showed that 227,000 jobs were added in November compared to only 36,000 jobs in October, better than market expectations of 218,000 jobs.

On the other hand, unemployment rates rose by about 0.1% to 4.2% compared to 4.1% in October, matching expectations, coinciding with an increase in labor force participation rates to 62.7% in November from 60.5%.

The hourly wage rate stabilized in November at 0.4% at a monthly pace, contrary to expectations that indicated an increase to 0.4%, and stabilized at 4.0% on an annual basis.

In the details of the sectors, the goods production sector added about 34,000 jobs, while the construction sector added 10,000 jobs, and the manufacturing sector added about 22,000 jobs, while the services sector added about 160,000 jobs.

The US dollar has recorded declines since the beginning of the session by about 0.30%, trading at 105.49 levels now, an hour before the opening of the US markets, heading to record a weekly loss of more than 0.60%.

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