Unemployment Hits 4.6% in the Latest Jobs Report. What This Means for Wall Street

Unemployment Hits 4.6% in the Latest Jobs Report. What This Means for Wall Street

Key PointsThe unemployment rate reached its highest level in four years in November.It's unclear if the report will push the Fed to continue lowering rates. The labor market might be less stable than the Fed thinks. 10 stocks we like better than S&P 500 Index › The U.S. economy is continuing to limp along. That's what the latest unemployment report seemed to indicate. The update was delayed due to the government shutdown, but the numbers showed …

Unemployment Rate Jumps to 4.6 Percent, Highest in Four Years

Nonfarm payrolls were -105,000 in October and gained 64,000 in November.