U.S. Hires 227,000 Jobs

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job market

CBS News

•

Business

Business & Economics

Employers added 227,000 jobs in November as the labor market rebounded

Summary

Nutrition label

87% Informative

The U.S. had been forecast to add 200,000 jobs last month .

The unemployment rate was expected to hold steady at 4.1% .

The job market overall has been weakening in recent months under the strain of the Federal Reserve's restrictive monetary policy, with the central bank boosting borrowing rates to their highest point in 23 years .

VR Score

Informative language

Neutral language

Article tone

formal

Language

English

Language complexity

Offensive language

not offensive

Hate speech

not hateful