#USJobsData US job market is showing mixed signals! The unemployment rate ticked up to 4.6% in November, with total nonfarm payroll employment changing little (+64,000). Healthcare and construction saw job gains, while federal government employment declined. The labor force participation rate remained steady at 62.5% ¹ ².
Some sectors are thriving, though - healthcare has added 695,000 jobs through November, driven by demographic shifts and policy support. Retail and leisure sectors are also showing resilience, with strategic adaptations to consumer behavior ³.
Overall, the US labor market is a mosaic of resilience and fragility.