The last Jobs Report to be released in 2019 has finally been published by the U.S. Department of Labor. With a performance outpacing estimates provided by Dow Jones economists, November’s jobs report follows an unexpected upward trend set by the previous month. According to CNBC, “The jobs growth was the best since January’s 312,000 and well clear of the November 2018 total of 196,000.” Part of this growth can be attributed to the end of the GM strike.
While most of the report was positively received to some fanfare, there were some causes for concern. During the retail industry’s busiest time of year, it only yielded around 2,000 jobs. According to Forbes the cause for this, “…could be attributed to the tight job market in this space and the challenges employers are having finding and hiring people.”
Learn more about the state of employment and the contents of the November Jobs Report in our infographic below:
