Employment & Job News 2014: US Employers Hire 321,000 Employees in November; Latino Unemployment Drops Slightly
Employment & Job News 2014: US Employers Hire 321,000 Employees in November; Latino Unemployment Drops Slightly
U.S. employers hired 321,000 people in November, the latest sign of steady growth and health job gains. The latest job figures mean 2014 is on track to be the strongest year for hiring since 1999, and 10 million jobs were lost during the financial crisis in 2008.
More jobs, 44,000, were added in September and October than had previously been estimated. The Department of Labor said the unemployment rate remained at a six-year low of 5.8 percent.
Economy analysts say job gains will accelerate improvement in the labor market as more industries participate in the recovery. The Labor Department measured a 69.7 percent rate increase in its Diffusion index which measures industry payrolls…
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