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World Business Report: First broadcast 08/12/2023 22:32 GMT : US Jobless rate records 3.7% drop

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US Jobless rate records 3.7% drop

First broadcast 08/12/2023 22:32 GMT 

First broadcast 08/12/2023 22:32 GMT : US Jobless rate records 3.7% drop

BBC World Service - World Business Report, US Jobless rate records 3.7% drop

Jobs growth in the US stronger than expected

Jobs growth in the US stronger after the end of strikes in Hollywood and the motor industry.

Jobs growth in the US recovers after striking workers return to  Hollywood and the car industry. 

Employers added 199,000 jobs in November. 

It helped to push down the jobless rate to 3.7% - the lowest level since July.

The monthly report is being closely watched as the US central bank tries to cool the economy and  reduce inflation.

(Picture: Man finding jobs. Picture credit: Getty Images)

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First broadcast 08/12/2023 22:32 GMT : US Jobless rate records 3.7% drop

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