US jobless rate sinks to 4.2% as many more people find jobs

By CHRISTOPHER RUGABER
AP Economics Writer

WASHINGTON (AP) — America’s unemployment rate tumbled last month to its lowest point since the pandemic struck, even as employers appeared to slow their hiring — a mixed picture that pointed to a resilient economy that’s putting more people to work. The government reported Friday that private businesses and other employers added just 210,000 jobs in November, the weakest monthly gain in nearly a year and less than half of October’s gain of 546,000.