‘Warning Sign’: Unemployment Jumps as Experts Sound Alarm on ‘Hiring Recession’

'Warning sign' as unemployment jumps and experts sound alarm on 'hiring recession'

The November unemployment rate jumped to 4.6%, a four-year high, according to the Trump administration’s delayed jobs report released on Tuesday. It is the highest unemployment rate since September 2021. Employers added 64,000 jobs in November, after a sharp loss of 105,000 jobs in October, a month for which the administration did not release a report.In what is being seen as a clear sign that hiring is slowing, the October loss “marked the thir…

'A hiring recession': Trump's tariffs devastate job market

The unemployment rate rose to 4.6% , the Bureau of Labor Statistics announced on Tuesday, the highest level since September 2021 when the economy was still recovering from massive COVID-19 job losses.

‘Warning Sign’: Unemployment Jumps as Experts Sound Alarm on ‘Hiring Recession’

The November unemployment rate jumped to 4.6%, a four-year high, according to the Trump administration’s delayed jobs report released on Tuesday. It is the highest unemployment rate since September 2021. Employers added 64,000 jobs in November, after a sharp loss of 105,000 jobs in October, a month for which the administration did not release a report. In what is being seen as a clear sign that hiring is slowing, the October loss “marked the thi…