Friday, December 07, 2007

November Employment Report

From MarketWatch: Payrolls up 94,000; jobless rate stays at 4.7% on household survey gains
The economy added 94,000 nonfarm payroll jobs last month, according to a survey of business establishments, the Labor Department said in a mixed report released Friday.
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Goods-producing industries cut 33,000 jobs in November, including 24,000 in construction and 11,000 in manufacturing.

Services-producing industries added 127,000 jobs. Financial services cut 20,000 jobs.