Economy Gains 245,000 Jobs in November; Unemployment Declines to 6.7%

The U.S. economy gained 245,000 jobs in November, and the unemployment rate declined to 6.7%, according to figures released Friday morning by the U.S. Bureau of Labor Statistics. The improvements reflect the continued resumption of economic activity that previously was curtailed because of the COVID-19 pandemic.

In response to the November job numbers, AFL-CIO Chief Economist William Spriggs tweeted:

Last month's biggest job gains were in transportation and warehousing (145,000), professional and business services (60,000), health care (46,000), leisure and hospitality (31,000), construction (27,000), manufacturing (27,000), financial activities (15,000) and wholesale trade (10,000). Government employment (-99,000) and retail trade (-35,000) lost jobs over the month. Employment in other major industries, including mining, information and other services, showed little change in November. 

In November, the unemployment rates declined for adult women (6.1%). The jobless rates for the other major worker groups showed little or no change for the month: teenagers (14%), Black Americans (10.3%), Hispanics (8.4%), adult men (6.7%), Asians (6.7%) and White Americans (5.9%).

The number of long-term unemployed workers (those jobless for 27 weeks or more) rose in November and accounted for 36.9% of the total unemployed.