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Jobs Growth Slowed in November as Pressure Mounts for Congress to Pass New Stimulus Bill

HeadlineDec 07, 2020

In economic news, the Labor Department’s job report released on Friday showed U.S. job growth slowed significantly in November, with 245,000 jobs added last month — less than half the jobs added in October. This comes as a bipartisan group of senators says they are hopeful they will reach an agreement on a new stimulus bill very soon. A series of stimulus programs keeping millions of Americans and small businesses afloat are set to expire in the coming weeks if lawmakers fail to pass new legislation.

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