US jobless rate sinks to 4.2% as many more people find jobs

US jobless rate sinks to 4.2% as many more people find jobs Photo: WDIO/MGN

The Associated Press
Created: December 03, 2021 01:53 PM

WASHINGTON (AP) — America’s unemployment rate tumbled last month to its lowest point since the pandemic struck, even as employers appeared to slow their hiring — a mixed picture that pointed to a resilient economy that’s putting more people to work.

The government reported Friday that private businesses and other employers added just 210,000 jobs in November, the weakest monthly gain in nearly a year and less than half of October’s gain of 546,000.