complicating

The United States creates 263,000 jobs in November, complicating the fight against inflation

The United States creates 263,000 jobs in November, complicating the fight against inflation

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Comment this story Comment The US economy added hundreds of thousands of jobs in November, bolstering a labor market that has proven surprisingly resilient and further complicating the Federal Reserve’s task of reducing inflation. Employers added 263,000 jobs last month — a slight slowdown from October’s 284,000 jobs, but still well above historical norms, according …

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U.S. hiring remains strong, complicating Fed’s inflation fight

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WASHINGTON– The country’s employers continued to hire vigorously in November despite high inflation and a slow-growing economy — a sign of resilience in the face of aggressive interest rate hikes from the Federal Reserve. The economy added 263,000 jobs, while the unemployment rate remained at 3.7%, still near its lowest level in 53 years, the …

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