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

Andrew Cuomo

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. 

Article Topic Follows: AP National News

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