U.S. Job Growth Stalls, Adding Only 64,000 in November
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New data shows a sharp slowdown in U.S. hiring this fall.
The Labor Department reported Tuesday that employers added just 64,000 jobs in November. At the same time, the national unemployment rate increased to 4.6%.
These delayed figures are the latest sign that the country's labor market is cooling after a period of strong growth. The low number of new jobs suggests economic momentum may be weakening.