The Economic Times News

Jobs report today: U.S. unemployment rate rises to 4.6%, highest since 2021 Is the economic slowdown just beginning?

US jobs report today sends a fresh warning. Unemployment rose to 4.6% in November, the highest since 2021. Employers added just 64,000 jobs, missing momentum. Manufacturing lost 5,000 roles. Prior months were revised lower. The data strengthens bets the Fed may cut rates again. But is this slowdown just starting?