Economy
December 7, 2020
Employment by Industry in November
Written by Peter Wright
Employment gains have slowed each month since June, with a disappointing result in November, according to Steel Market Update’s latest analysis of Bureau of Labor Statistics data.
The net change in employed persons in November was 245,000. Employment gains have slowed each month since June when 4.8 million jobs were recovered. The base line against which future comparisons will be made is February 2020, the all-time high for nonfarm employment. Figure 1 shows the total number of people employed in the nonfarm economy.
