According to ‘The Employment Situation‘ report released by the U.S. Department of Labor’s Bureau of Labor Statistics, the unemployment rate in the United States remained unchanged at 3.7 percent, while the economy added 155,000 jobs, in November.
Over the year, the unemployment rate and the number of unemployed persons declined by 0.4 percentage point and 641,000, respectively.
The number of persons employed part time for economic reasons (sometimes referred to as involuntary part-time workers), at 4.8 million, changed little in November. These individuals, who would have preferred full-time employment, were working part time because their hours had been reduced or they were unable to find full-time jobs.
Among the major worker groups, the unemployment rates for adult men (3.3 percent), adult women (3.4 percent), teenagers (12.0 percent), Whites (3.4 percent), Blacks (5.9 percent), Asians (2.7 percent), and Hispanics (4.5 percent) showed little or no change in November.
The change in total nonfarm payroll employment for October was revised down from 250,000 to 237,000, and the change for September was revised up from 118,000 to 119,000. With these revisions, employment gains in September and October combined were 12,000 less than previously reported.
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