Job Gains Weakest in 5 Months

Summary


WASHINGTON - Employers slowed their hiring as they headed into the holiday shopping season, adding just 112,000 new jobs in November for the weakest gain in five months.

Still, the unemployment rate edged down, raising hopes that workers drawing paychecks will spend, spend, spend the rest of the year.

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Job Gains Weakest in 5 Months

November's 112,000 net increase in jobs, reported Friday by the Labor Department based on a survey of business payrolls, was the lowest since July. It was about half what economists had forecast, dampened by high oil prices and employe...

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